Ascott acquires majority stake in Quest Apartment Hotels for A$180 million to become largest serviced residence provider in Australasia
CapitaLand’s wholly owned serviced residence business, The Ascott Limited (Ascott), is acquiring an additional 60% stake in Quest Apartment Hotels (Quest) for A$180 million (S$191 million).
Fully self contained units offering quality accommodation and located near Hutt Hospitals are being offered for sale by Brent Hannah of Resort Brokers New Zealand.
Hotel investment dominated by Australia and Hong Kong during first half of 2017
Gateway cities provide positive long-term tourism fundamentals, but investors are considering alternative investment in key emerging tourism markets, according to real estate consultancy group JLL in their latest Hotel Investment Highlights Asia Pacific - H1 2017 report.
The business and 2.81ha property at 841 Takatu Road, Matakana, is listed for sale by Colliers International agents Shelley May, Marcus Jacobson and Pauras Rege.
Waterfront Queenstown backpackers accommodation for sale
A stunning Queenstown waterfront property with sweeping mountain and lake views is for sale by Colliers International as an astute investment with plentiful redevelopment potential.
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.