Palm Beach hotel development approved for ‘first of its kind’ hotel in the area
Development approval has been granted for an iconic Palm Beach landmark for a striking new $120 million project comprising 126 rooms across six storeys.
Quest Woolloongabba sold for $43.8m to Singapore’s Invictus Developments - McVay Real Estate
Pellicano Group has sold the Quest Woolloongabba to Singapore based real estate investment company Invictus Developments for $43.8m by Sam McVay McVay Real Estate.
Sheraton Grand Mirage Resort Gold Coast for sale - Colliers, McVay Real Estate & JLL
One of the most prestigious hotels in Australia, Sheraton Grand Mirage Resort Gold Coast for sale for over $200 million by Colliers, McVay Real Estate and JLL.
TRYP by Wyndham Pulteney Street Adelaide has opened and welcomed its first guests. The brand-new, $50 million 120-room hotel is South Australia’s first TRYP hotel, and presently Australia’s only TRYP by Wyndham branded property.
Hilton Garden Inn Ramps Up Growth Momentum In Asia Pacific
The award-winning upscale focused service brand continues to draw owners and guests, with a strong focus on regionalization to further grow the development pipeline to more than 100 properties.
Successful recovery for Choice Hotels Asia-Pac hotels in 2022
Despite two years of challenges posed by the global pandemic, Choice Hotels Asia-Pac has delivered impressive RevPAR growth across its Asia-Pac hotel portfolio for the financial year ending December 2022.
Pietro Gallus Estate in the famous Yarra Valley wine region has been listed for sale by hospitality operators John Di Pietro and Anna Gallo of Anjo Holdings Pty Ltd
Pietro Gallus Estate Yarra Valley for sale by hospitality operators John Di Pietro and Anna Gallo of Anjo Holdings Pty Ltd through CBRE Hotel’s Scott Callow.
Rainbow Beach’s only pub, the Rainbow Beach Hotel sold by leading agency Savills
Only pub in Rainbow Beach sold as the town reaches new tourism benchmarks. Rainbow Beach pub sold by Leon Alaban, National Director – Savills Hotels and Tony Bargwanna, National Director – Savills Hotels.
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.