The Redcape Group’s full-year distributable earnings in line with the PDS guidance driven by portfolio expansion and enhancement, and like-for-like revenue growth supported by strong food and beverage sales.
Planned Luxury Ritz-Carlton Hotel for Bligh Street, Sydney a step forward
Tourism Accommodation Australia NSW has welcomed news developers of a $750m luxury hotel in the heart of Sydney’s CBD can now submit a State Significant Development application for the project.
The World Bar in Kings Cross reopens as multi-level arts hub, Fringe HQ
Lord Mayor Clover Moore and Minister for the Arts Don Harwin have announced funding to the Sydney Fringe Festival, enabling them to reopen The World Bar in Kings Cross as a multi-level arts hub, Fringe HQ.
The newly opened 97-room boutique-style hotel from the Zagame Group has turned the table on how the industry traditionally approaches “Food and Beverage.”
TIME Magazine celebrates three New Zealand sustainability initiatives
New Zealand has taken three spots in TIME Magazine’s second annual World’s Greatest Places list, winning in different categories all focussing on sustainability and welcome experiences.
Australia experiencing a boom in boutique hotels, reports Tourism Australia
Tourism Australia has reported a boom in boutique and lifestyle hotels in Australia, with consumers seeking small, luxury hotels with cutting-edge design and tailored experiences.
John Douglas appointed Area Director of Finance for Marriott International, ANZP
Marriott International have announced that John Douglas has been appointed Area Director of Finance, Australia, New Zealand and the Pacific, overseeing the financial functions and operations of more than 30 properties in the region.
TAA welcome Premier Berejiklian's stand to review rejection of Ritz Carlton Tower
Tourism Accommodation Australia NSW (TAA) has welcomed moves by Premier Gladys Berejiklian to request an immediate review of the planning rules cited in the rejection of the proposed $500m Ritz-Carlton Tower at Pyrmont.
Melbourne to be home to one of Australia’s first pet-friendly luxury hotel
Melbourne is set to be home to one of Australia’s first luxury pet-friendly hotels, 1 Hotel Melbourne, which will form part of private-developer Riverlee’s $450 million mixed-use Northbank project, Seafarers.