Hotels to play a 'key role' in quarantining arrivals - TAA
Tourism Accommodation Australia (TAA) CEO Michael Johnson has said Australian hotels stand ready to facilitate the quarantining of arrivals into Australia’s international airports as mandated by Prime Minister Scott Morrison this afternoon.
Activation of Canberra CBD to drive visitation going forward - CBRE report
Canberra's development of a light rail and new mixed-use precincts is expected to drive visitation to the nation's capital going forward following a disrupted 2019 for city's hotel market, CBRE says.
IHG announce cost cutting measures to free up $150 million
InterContinental Hotels Group has the announced there will be a "substantial" reduction in salaries for Board and Executive Committee members as part of a series of new measures designed to soften the financial blow of the coronavirus crisis.
Sydney hotel performance experiences softening despite tourist increase - CBRE
An increase in tourist volume has not been enough to stop Sydney's hotels from recording a drop in revenue per available room and average daily rate in 2019, according to a CBRE report.
IHG waives cancellation fees until the end of April
InterContinental Hotels Group has updated its cancellation policy in the wake of the coronavirus pandemic, waiving cancellation fees for existing and new bookings at all IHG hotels globally for stays between March 9, 2020 and April 30, 2020.