Marriott CEO highlights room growth as COVID-19 'profoundly impacts' second quarter results
Marriott International President and CEO Arne Sorenson has moved to reassure stakeholders following the release of the company's second-quarter results on Monday, which have revealed a worldwide RevPAR decline of 84.4 per cent.
'We've got to continue to communicate and collaborate' - TAA NSW Board meets face-to-face for the first time in months
The Tourism Accommodation Australia NSW Board has come together in person for the first time since February, with CEO Michael Johnson hailing the meeting as a success.
Accor donates $404,000 to Australian bushfire relief effort
Accor has announced it has raised $404,000 through its Accor Bushfire Disaster Relief Appeal, which was set up to help bushfire-affected people and communities across Australia.
New Travelodge announced for West Grove development in Sydney's Westmead precinct
TFE Hotels and Drill Management Pty Ltd have announced a new Travelodge Hotel will be built as part of the multi-million-dollar West Grove development in Sydney’s western suburbs.
Geelong Conference Centre set for inspired transformation under new ownership by BEKL
Pioneering property developer, BEKL, has announced its acquisition of the Geelong Conference Centre, with redevelopment plans that will see the site transformed into Geelong’s first ‘retreat style’ boutique hotel.
NSW Government announces mandatory hotel quarantine for residents returning from Victoria
NSW residents returning from Victoria must now go into mandatory hotel quarantine for 14 days at their own expense, following an announcement from NSW Premier Gladys Berejiklian.
CBRE strengthens Retail Capital Markets with Melbourne appointment
CBRE has bolstered its Victorian Retail Capital Markets team with the appointment of Jamie Hess amid growing demand for retail investment opportunities.
New Zealand’s premier Large Format Retail asset for sale - JLL
JLL’s Australian & New Zealand Retail Investment Teams Nick Willis and Sam Hatcher and Auckland based, Jonathan Ogg and Harry Fergusson market the powerhouse Large Format Retail (LFR) Centre, Manukau Supa Centa for sale.
JLL’s Australian & New Zealand Retail Investment Teams Nick Willis and Sam Hatcher and Auckland based, Jonathan Ogg and Harry Fergusson market the powerhouse Large Format Retail (LFR) Centre, Manukau Supa Centa for sale.
The Hunter Valley’s iconic Tower Estate for sale - CBRE
CBRE Hotels’ Tom Gibson and Nick Hill have been appointed to market one of Australia’s most iconic and luxurious wine country escapes, Tower Estate for sale.
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.
