The brand new Vibe Hotel Melbourne, situated at the prominent corner of Queen and Flinders Streets, is in the process of being sold by Caydon to an undisclosed offshore investor in a transaction being brokered by JLL Hotels & Hospitality Group’s Peter Harper and Craig Collins.
Australian hotels 'on the road to recovery' - Colliers International
A spike in domestic bookings for Far North Queensland coupled with the July school holidays means Australia's tourism market is "well-placed" to recover from the effects of COVID-19, Colliers International says.
ResortBrokers reports more than $20 million in SEQ management rights transactions throughout the past two months
ResortBrokers says there is "rapidly increasing demand" for management rights as operators look to the permanent accommodation market for stable returns during the COVID-19 crisis.
Visit Sunshine Coast welcomes announcement of partial border opening
Visit Sunshine Coast Chair David Ryan has commended the Queensland Government for its decision to open the state's border to all parts of Australia except Victoria.
'Safety, security and strong rule of law' to support Australian hotel recovery - CBRE
CBRE's latest report, COVID-19: Implications for Asia Pacific Hotels indicates investors are still in a "wait and see" mode following the pandemic but CBRE Hotels Asia Pacific Executive Director Robert McIntosh believes competition for good assets in the Australian market is...
Women's World Cup welcome news but short-term survival remains the priority - AAoA
Accommodation Association of Australia CEO Dean Long has joined leaders of Australia's hotel sector in meeting with the Head of the Federal Government's National COVID-19 Co-ordination Commission last week to highlight the dire state of the industry and the critical importance of targeted...
Hotel investors still on the lookout amid COVID-19 - CBRE Survey
The Australian hotel industry remains cautiously optimistic about medium-term investor appetite amid the COVID-19 pandemic, according to CBRE Research’s latest Hotel Market Survey.
Emerging 'dark kitchen' trend among food retailers - CBRE
As Australia’s hospitality retailers look towards delivery services to bolster business during the COVID-19 pandemic, CBRE has released a report on the emerging dark kitchen trend feeding Australia’s growing meal delivery economy.
