Simon McGrath, COO AccorHotels Pacific and Michael Issenberg, Chairman and CEO AccorHotels Asia Pacific celebrate the acquisition at Peppers Soul, Gold Coast.
AccorHotels completes $1.2bn acquisition of Mantra Group
AccorHotels has announced that it has completed its acquisition of Mantra Group for $1.2 billion. The deal includes the Mantra, Peppers, BreakFree and Art Series brands, representing 138 hotels in Australia, New Zealand, Hawaii and Bali.
The most recent research released by Savills Hotels reveals that Australia's average RevPAR has seen an increase of 3.9%, with Darwin (up 18.3%), Cairns (up 6.9%) and the Gold Coast (up 6.5%) the stand out performers.
Victoria's Pakenham Racing Club has listed for sale the popular Cardinia Club that sits on a huge 1.655ha landholding with 105 EGM's and a liquor licence for 425 patrons.
Melbourne based hotels dynasty, the Zagame family, has put its hotel portfolio of six properties located in Melbourne and Vanuatu to market with price expectations of more than $300 million.
The world’s leading luxury private rental brand, onefinestay, has announced major additions to its luxury portfolio of global destinations including Australia and New Zealand.
Australia's Q1 2018 hotel market continues 2017's momentum
CBRE's latest Australia Hotels Marketview Q1 2018 report released today finds that the first quarter of 2018 maintained the momentum of the final few months of 2017, with a number of hotels transacting across the country.
Dransfield release their Hotel Futures 2018 report
Dransfield's latest Hotel Futures 2018 report indicates that with a positive supply and demand equation expected, sustained high occupancy and opportunity for rate growth will continue to see the tourism sector flourish in Australia.
International visitor numbers up, domestic travel up, national hotel performance up - and a positive hotel outlook are some of the key takeaways from Deloitte's first 2018 edition of their Tourism and Hotel Market Outlook.
Melbourne's charm pips Sydney as top Australian city for investment
Melbourne has pipped Sydney as the top Australian city for investment in the Asia Pacific region, followed closely by Brisbane - with Tokyo announced as the preferred destination for commercial property investors.
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.
