New Zealand tourism sector continues to break records
A recent report released by Dean Humphries of Colliers International has announced that the New Zealand tourism sector continues to enjoy record-breaking inbound travellers with a total of 3.7 million visitors arriving in the country for the year ended August 2017, a 9.3% increase year-on-year...
JLL releases Hotel Destinations APAC Report October 2017
JLL Hotels and Hospitality Group's latest research report covers 25 key cities across Asia Pacific and provides the latest data on tourist arrivals, demand, supply and our market outlook and provides an update on notable new and upcoming hotels as well as recent hotel transactions.
Mantra confirms $1.3 billion takeover by AccorHotels
AccorHotels will acquire the Mantra Group in a deal worth AUD$1.3 billion which will see AccorHotels add 127 hotels to its network across Australia, New Zealand, Indonesia and the United States, a deal understood to be brokered by JLL's Hotels and Hospitality Group.
AccorHotels makes $1.2 billion bid to acquire Mantra Group
The ASX has just received notification from the Mantra Group that it has received an indicative and non-binding proposal from AccorHotels to acquire the hotel company for AUD$3.96 per share which is understood to be brokered by JLL's Hotels and Hospitality Group.
The Pacifica, New Zealand’s highest residential tower and boutique hotel to arrive in 2020
Architect Jaimin Atkins of Plus Architecture New Zealand and developer Hengyi Pacific have created the $300 million, 295 apartment, 35 hotel room Pacifica project in Auckland which is due to start construction next month.