Savills appoints Mark Durran to senior Hotels Cap Markets role
Savills Australia and New Zealand has strengthened its hotels leadership team with the announcement Mark Durran has been appointed to Managing Director, Hotel Capital Markets.
Bussleton Beach Resort for sale - CBRE & Stocker Preston
The Bussleton Beach Resort for sale by local vendors exiting a long-term time share arrangement, offering an opportunity for redevelopment of the 1.7ha Marine Terrace site. For sale by CBRE’s Ryan McGinnity and Chloe Mason and Stocker Preston’s Louis and Peter De Chiera.
Accor named Official Accommodation Partner for Tasmania’s Ten Days on the Island Festival
Accor Pacific, Tasmania’s largest hotel operator, has been named the Official Accommodation Partner of the 2023 Ten Days on the Island festival taking place across Lutruwita/Tasmania from March 10–19.
Dr Jerry Schwartz to launch the Hunter Valley Hospitality School, and announces plans for new bar and brewery venue in Newcastle
Dr Jerry Schwartz, is teaming up with the University of Newcastle to address the hospitality skills shortage by establishing a new training academy for the Hunter Valley.
Hotel market 2023 revamp: Global dry powder targets quality assets down under says Colliers
Foreign investment set to boost Australian hotel market 2023 transaction volumes, which will exceed the long-term average of $1.66 billion, with around $2.2 billion of expected deals says Colliers’ Head of Hotels for Transaction Services Karen Wales.
Receivers and Managers appointed Crown Hotel Parramatta and development sites for sale through Manenti Quinlan and Knight Frank
On Behalf of PwC, Receivers and Managers appointed, Manenti Quinlan and Associates’ Peter Manenti and Leonard Bongiovanni in conjunction with Knight Frank’s Mark Litwin, Grant Bulpett, Tim Holtsbaum and Wally Scales are offering 263-265 and 295 Church Street Parramatta for sale via Expressions...
TOGA Group, Atlassian and Dexus with not-for-profit My Foundations Youth Housing, launch The Central Project, providing those in need with temporary accommodation
Rebecca Mullins CEO My Foundations Youth Housing, said “MFYH believes all young people should have a safe, supportive and affordable home, and this project offers accommodation smack bang in central Sydney for people in need, with transport connections and job opportunities on their doorstep,”...
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.