Sofitel Fiji Resort and Spa on Denarau Island to receive multi-million dollar refurbishment
AccorHotels Pacific announce a major multi-million dollar refurbishment project is scheduled to commence in late November at Sofitel Fiji Resort and Spa, Denarau Island Fiji, including expansion plans for the resort’s exclusive adults-only, Waitui Beach Club.
Le Méridien Tahiti rebranded to Tahiti Ia Ora Beach Resort managed by Sofitel
AccorHotels has announced it will take over the management of the iconic Le Méridien Tahiti and rebrand it as Tahiti Ia Ora Beach Resort managed by Sofitel.
Fiji Outrigger Resort and Castaway Island sold as part of USD 310m portfolio sale to Singha Estate
Singha Estate has announced the successful acquisition of six Outrigger-branded hotels across Fiji, Thailand, Mauritius and Maldives for USD 310 million, including Fiji's Outrigger Beach Resort and Castaway Island.
Sheraton, Westin and Denarau Fiji hotel resorts sold for $280m
The Sheraton Fiji Resort, The Westin Denarau Island Resort & Spa and the Denarau Golf & Racquet Club have sold for FJD $280m (AUD $179m) to the Fiji National Provident Fund (FNPF) in a deal brokered by Rob Cross of CBRE Hotels.
Melbourne based hotels dynasty, the Zagame family, has put its hotel portfolio of six properties located in Melbourne and Vanuatu to market with price expectations of more than $300 million.
Seen as another sign of investor confidence in the region, the 236-room Pullman Nadi Bay Resort and Spa marks the debut of the luxury Pullman brand in Fiji.
Six Senses will mark their arrival in the South Pacific on April 14 with its brand new Fiji resort, which will be 100 percent solar powered by the largest micro grid in the country using Tesla batteries.
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.