John Musca of JLL Hotels & Hospitality discusses 2016 in review
JLL Hotels & Hospitality National Director of Investment Sales, John Musca, talks about the $800 million worth of hotels sales across Australia's east coast.
Justin Hemmes adds the Tennyson Hotel to his empire
Merivale chain owner, Justin Hemmes has bought the Tennyson Hotel in Mascot, for $37.05 million through Ray White Hotels Asia-Pacific director, Andrew Jolliffe.
Minister for Finance, Services and Property Dominic Perrottet announced a $300 million redevelopment for two iconic Sydney buildings by Pontiac Land Group into a 250 room hotel.
A preliminary report from data agency STR for November 2016 indicates a significant increase in levels of hotel occupancy and average daily rate in the Sydney market.
Leading Australian hotel and resort operator Mantra Group has executed an agreement to operate the city’s newest hotel development under a hotel management agreement.
5-Star Pullman Trinity Point Resort Set to Open in 2017
Johnson Property Group has appointed leading hotel group, AccorHotels, to operate the resort precinct within its $388 million masterplanned Trinity Point development located on Lake Macquarie.