Perth and Brisbane leading CBD hotel markets across Australasia
A new report from CBRE shows while the lifting of restrictions in early June saw an initial bounce in room demand across CBD hotel markets in Australasia, recent developments in certain areas have meant Perth and Brisbane are emerging as better performers, with Auckland’s demand recovery...
Reward Group nears the end of Crowne Plaza Hawkesbury Valley room upgrade
The Reward Group team has partnered with Cassmar Hotels and IHG Hotels & Resorts to transform the guest rooms at the picturesque Crowne Plaza in Hawkesbury Valley.
The Byron Bay Holiday Village Backpackers is for sale through John Musca of JLL Hotels and Hospitality Group, in conjunction with Elliott O'Shea from JLL Metropolitan Investments.
The Forresters Hotel Surry Hills leasehold sold by JLL Hotels & Hospitality Group and Danas Property
Boutique Sydney-based hospitality group step into Forresters Hotel, Surry Hills in a long-term lease negotiated by JLL Hotels & Hospitality Group’s Vice President, Kate MacDonald and Ari Danas of Danas Property.
High hopes for sale of new Riverina Holiday Inn - Savills
The Holiday Inn Hotel & Suites, Wagga, which is expected to be fully operational by January 2022, is for sale through Savills Australia's Ian Hetherington, Tim Grosmann, Jordan Lee and Andy Hu.
Central Sydney hotel for sale with price expectations of more than $100 million
The Ultimo Hotel for sale. A 4-star rated, boutique hotel at the southern end of Sydney's CBD, is for sale through Savills Australia's Andy Hu, Jordan Lee, Stuart Cox and Nick Lower.
Frasers Property prime Waterfront retail space sold to Tavern operators Balmoral Hospitality
Balmoral Hospitality to operate The Waterfront dining precinct Shell Cove Shellharbour. Leading Tavern operators Andrew Denmeade and Joel Fisher ups commitment to world class tourist destination developed by Frasers Property Australia.
'We've got to continue to communicate and collaborate' - TAA NSW Board meets face-to-face for the first time in months
The Tourism Accommodation Australia NSW Board has come together in person for the first time since February, with CEO Michael Johnson hailing the meeting as a success.
New Travelodge announced for West Grove development in Sydney's Westmead precinct
TFE Hotels and Drill Management Pty Ltd have announced a new Travelodge Hotel will be built as part of the multi-million-dollar West Grove development in Sydney’s western suburbs.
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.
