IHG announces signing of Holiday Inn Melbourne Werribee
Continuing their Australian momentum, IHG has announced the signing of Holiday Inn Melbourne Werribee, in partnership with partner Pelligra Group and Citinova to open in 2020.
Construction officially begins at Saraceno Group's $1 billion M-City development
Mantra Group will operate the hotel and letting apartment component of Saraceno Group's $1 billion mixed-use development in Clayton, one of the fastest growing employment corridors in Melbourne's south-east.
Australia records second highest hotel transaction volume in Asia Q3 2017
The total APAC hotel investment volume surged in Q3/2017 to US$4.77 billion, making this quarter the most active in 2017 so far, with Australia recording the second-highest transaction volumes with AU$496.4 million according to Savills November 2017 Hotel Research.
Mantra Group has recorded its strongest year for growth
Mantra Group has achieved its largest year of growth since its inception in 2009, with a record 13 new properties joining its hotel and resort portfolio in 2017.
CBRE's latest research report, the Australia Hotel Marketview Q3 2017 reveals that Canberra is the star performer, posting double digit RevPAR increases and continuing its strong performance from earlier in the year.
Tourism Australia release their Regional Investment Report
The Tourism Investment in Regional Australia report recently released by Tourism Australia proves that Australian tourism isn’t just about the capital city tourism regions or the Gold Coast, so many Australian icons and bucket-list spots are located across regional Australia.
Lifestyle hotel brands are slowly emerging as the next key growth sector in Australia, as operators look to tap into the next generation of travelers and draw millennials back to the hotel market.
ONYX Hospitality Group has entered an agreement with UK-based YOO Hotels & Resorts to manage and further develop YOO Collection and Yoo2 hotels across Asia.
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.
