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...
Fremantle landmark sold to Prendiville for $3.55 million through LJ Hooker
The Fremantle Technical School on the city's 'cappuccino strip' has been sold to WA hotel specialists Prendiville Group for $3.55 million in a deal negotiated by Brian Neo and Vincent Siciliano from LJ Hooker Commercial Perth.
Samphire Rottnest to take bookings from this month ahead of October opening
The Prendiville Group has announced Western Australia's newest island accommodation, Samphire Rottnest, is due to open in October, with bookings available from July 28.
Bunbury's Trafalgars Hotel for sale through Ray White Commercial (WA)
Ray White Commercial (WA)'s Phil Zoiti and Brett Wilkins have been retained exclusively to offer for sale the "walk in walk out" interest of Trafalgars Hotel, located in the southwest city of Bunbury.
Mandurah's Brighton Hotel sold by CBRE during lockdown
Mandurah publican Garry Miller has sold the Brighton Hotel in Mandurah, sold by CBRE Hotels' Ryan McGinnity. Mr McGinnity said was the first walk-in, walk-out pub sale in WA since the closure of venues on 23 March.
Karratha hotel performing strongly amidst Covid-19 climate
In a period of significantly decreased hotel occupancies and closures across Australia, Best Western Plus The Ranges, in Karratha, WA, has defied expectations to record strong occupancy throughout the COVID-19 crisis.
30,500 jobs and $3.1 billion lost from cancelled WA holidays - WA Tourism Council
The Tourism Council of Western Australia has reported that the state's tourism industry has lost $3.1 billion and more than 30,000 jobs as six months’ worth of bookings were cancelled, and refunds paid to customers, following regional WA travel restrictions.
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.