Brighton’s Savoy Hotel sold to Primeland for $120 million ultra-luxury residences - Knight Frank
Melbourne-based developer Primeland has announced the acquisition of one of Brighton’s most significant development parcels, the former Savoy Hotel, with plans to transform the site into a $120 million ultra-luxury apartment and townhouse project.Knight Frank’s Stephen Kelly, James Thorpe and...
Boutique hotels outpace larger, international rivals - CBRE Report
Shifting travel trends turn the tables, with boutique Australian hotels recording stronger occupancy, room rates and revenue results, according to CBRE Report.
W Brisbane takes events to the next level with opening of new restaurant, the lex
A brand new signature restaurant, new banquet menus with a deep-rooted reverence for sustainability, and state-of-the-art audio visual upgrade make W Brisbane the ideal venue for meetings and events in the Sunshine State.
Pro-invest Hotels is proud to announce three key appointments to its Revenue team, with the recent appointment of Donna Rodios as Head of Revenue, Kelly Brady as Portfolio Revenue Director, and Kate Heather as Portfolio Revenue Manager.
Pro-invest Hotels bolsters its Revenue team to support its growing portfolio
Pro-invest Hotels is proud to announce three key appointments to its Revenue team, with the recent appointment of Donna Rodios as Head of Revenue, Kelly Brady as Portfolio Revenue Director, and Kate Heather as Portfolio Revenue Manager.
Gold Coast’s Sheraton Grand Mirage Resort sold by Colliers, McVay Real Estate & JLL
Sheraton Grand Mirage Resort Gold Coast sold by Colliers, McVay Real Estate and JLL. Appetite for the renowned hotel indicates accelerated recovery of the sector will continue, following more than $1 billion in national hotel transactions over H1 2023, according to Colliers.
Domestic tourism improves but inflationary pressures bring roadblock
According to Vanessa Rader, Head of research, Ray White Commercial, the hotel sector is showing signs of return to pre-pandemic occupancy, while room rates forge ahead.
One of Melbourne’s most high-profile venues ‘Morris Jones’ for sale - JLL
The Leasehold Interest of Chapel Street Melbourne's ‘Morris Jones’ for sale via JLL Hotels & Hospitality Group’s Will Connolly and Lachlan Persley via Expressions of Interest.
Stockland offers greenfield hotel leasehold for sale in significant Western Sydney growth corridor - JLL
JLL Hotels & Hospitality Group offer an opportunity to acquire a long-term leasehold interest in the future large format Gables Tavern Box Hill NSW. Situated within the future Town Centre, The Gables Tavern for sale by JLL agents Ben McDonald or Kate MacDonald.
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.