Australian hotel expectations to be revised as COVID-19 'casts a shadow' over Asia Pacific markets - CBRE
A relatively strong performance by the Asia Pacific hotel market in the second half of 2019 has been overshadowed by the ongoing impact of COVID-19 at the beginning of this year, CBRE says.
Foreign investments to come under greater scrutiny
The federal government has announced temporary changes to the foreign investment review framework as part of a series of measures designed to protect Australia's economy from the impact of COVID-19.
Australian Hotels Association welcomes hospitality 'lifeline' from WA Government
The Australian Hotels Association WA has welcomed the clarification that the WA Government has provided to licensed venues on Friday by allowing taverns, bars and restaurants to deliver limited quantities of alcohol with a meal.
Hotels to play a 'key role' in quarantining arrivals - TAA
Tourism Accommodation Australia (TAA) CEO Michael Johnson has said Australian hotels stand ready to facilitate the quarantining of arrivals into Australia’s international airports as mandated by Prime Minister Scott Morrison this afternoon.
Activation of Canberra CBD to drive visitation going forward - CBRE report
Canberra's development of a light rail and new mixed-use precincts is expected to drive visitation to the nation's capital going forward following a disrupted 2019 for city's hotel market, CBRE says.
IHG announce cost cutting measures to free up $150 million
InterContinental Hotels Group has the announced there will be a "substantial" reduction in salaries for Board and Executive Committee members as part of a series of new measures designed to soften the financial blow of the coronavirus crisis.
The Fullerton Hotel Sydney welcomes new Director of Operations
The Fullerton Hotels and Resorts has announced the appointment of hospitality professional, Andrew Adams, as the Director of Operations at The Fullerton Hotel Sydney.