Hotel Market Update predicts strong future for tourism industry: Accommodation Australia
Domestic tourism has mostly returned to pre-pandemic levels and international visitor arrivals continue to climb each month - these were two of the key messages delivered by a panel of industry experts at this week’s Hotel Market Update held by Accommodation Australia NSW.
Hilton Sydney toasts to 130-years of Marble Bar with celebratory birthday party and announces big plans for the venue in 2024
Marble Bar at Hilton Sydney is proud to celebrate its 130th anniversary, marking over a century of unwavering commitment to hospitality, exceptional service, and an undisputed home of live music in the heart of the city.
Asia Pacific Hotels & Hospitality Market Poised for Strong Growth as Tourist Return Approaches Full Recovery by 2024: CBRE
Institutional investors are attracted to prime hotel assets in tier 1 markets across Asia Pacific, even though tourist arrivals in key destinations are only reaching 70-80% of pre-pandemic levels, according to the latest CBRE research.
Cremorne hotel development site for sale - CBRE & Aston Commercial
Property development company Mantello Holdings has listed a DA-approved site in Cremorne for sale with a price expectation in excess of $10 million through CBRE’s Scott Callow together with Aston Commercial’s Jeremy Gruzewski.
Australian construction group Built commences stage 2 of luxury hotel Capella Sydney redevelopment
Following the successful delivery of stage one in March 2023, Australian construction group, Built, has commenced construction on the next stage of the Capella Sydney Redevelopment by Pontiac Land Group.
A ready to build development site with DA approval for a hotel within Bendigo’s Hargreaves Mall precinct for sale by Bendigo Hotel Investments through CBRE’s Scott Callow.
Dorsett rolls out new technologies across Australian hotels
Dorsett is rolling out multiple technology innovations across Australia with solutions at both Dorsett Gold Coast and Dorsett Melbourne. The technology roll-out allows upskilling for current staff and is designed to deliver a more personalised guest experience and ensure smooth operations behind...
Whalers Hotel, Warrnambool sold in record-breaking regional Victorian pub deal - JLL
Freehold Going Concern of the Whalers Hotel Warrnambool sold for what’s described as a ‘record-breaking’ sale price for a Warrnambool hotel. The sale was conducted exclusively off market by JLL Hotels’ Will Connolly and Lachlan Persley.
Strengthening hotel market opens opportunities for converting office buildings to hotels - JLL
JLL Hotels & Hospitality, in collaboration with its Capital Markets and Work Dynamics teams, explores the case for office conversion to hotels and the factors to consider when reviewing a building conversion.
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.