Wynn Resorts ends merger speculation with Crown Resorts
After Crown Resorts yesterday unveiled preliminary discussions were taking place with Wynn Resorts for a takeover of the company, Wynn has announced that all talks have been terminated.
Crown Resorts confirms confidential merger discussions with Wynn Resorts
Crown confirms that it has paused trading on the ASX and is in confidential discussions with Wynn Resorts regarding a potential change of control transaction, following approaches by Wynn.
Marriott International sets growth target in Asia Pacific
Marriott International has announced its continued expansion plans in Asia Pacific with its 2020 vision – an aggressive target to have 1,000 hotels open by the end of 2020.
Richard Munro resigns from Accommodation Association of Australia
Accommodation Association of Australia (AAoA) Chief Executive Officer, Richard Munro has tendered his resignation to pursue new opportunities, after eight years at the AAoA.
"A new era of hotel development in Australia" - Tourism Australia
Tourism Australia has revealed that a new era of hotel development is underway in Australia, with 300 new or upgraded hotels scheduled to open by 2025.
Pullman Brisbane Airport wins ‘Best Airport Hotel - Australia/Pacific’ Award
The swanky Pullman Brisbane Airport hotel has been awarded the Best Airport Hotel in the Pacific region at the prestigious Sky Trax 2019 World Airport Awards, held at the Passenger Terminal EXPO in London, UK on 27th March 2019.
TAA's market update keeps hotels ahead of the curve
For the first time in four years, Sydney is seeing substantial new hotel supply coming online, while its biggest rival, Melbourne is up 11% in overnight trips and looking at 13.9% growth in new rooms for 2020.
JLL Hotels & Hospitality Group has been announced as the top-ranked firm for hotel real estate investment activity in Asia Pacific, according to Real Capital Analytics.
"Tourism developments key to boosting regional economy" - Tourism Australia
New news is essential when it comes to destination marketing, particularly when it comes to developing regional tourism centres. Products like MONA in Tasmania and Southern Ocean Lodge on Kangaroo Island have raised the awareness of these regions to an international level.
Michael Johnson appointed new National and NSW CEO of TAA
Respected tourism industry hotelier Michael Johnson will be the next national and NSW head of the accommodation sector’s peak body - Tourism Accommodation Australia (TAA).
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.
