Rotorua Lakefront and Whakarewarewa Forest to receive $27 million funding boost
The Rotorua Lakefront and Whakarewarewa Forest has been given a significant boost from the Provincial Growth Fund, which is investing $27.4 million to help unlock its potential as a world-class tourist destination.
Qantas to partner with Cathay Pacific set to boost Australian tourism numbers
Cathay Pacific and Qantas customers are set to benefit from a new codeshare agreement that leverages the strengths of each carrier’s regional networks and provides more options for customers travelling between Australia and Asia.
Dr Jerry Schwartz donates first night profits to Aussie Farmers
Dr Jerry Schwartz has pledged to support Australia’s embattled farmers by donating the profits from his first night as owner of the new Four Points by Sheraton at Sydney’s Central Park.
The highly anticipated $200 million Westin Brisbane will open its doors on 8 November 2018, part of a mixed-use development called Mary Lane which will offer an array of vibrant dining venues and stylish residences, in the heart of the CBD.
Auckland New Zealand Hotel Research Report: Horwath HTL
According to Horwath HTL in their latest Auckland Hotel Market Outlook report, 41 hotel projects in various stages are planned to open over the next five years with a total of 6,500 rooms, which if they proceed, represents an increase of approximately 89% of the current major hotel supply in...
Hayman Island InterContinental Hotel opening July 2019 and appoints Mark Eletr as Resort Manager
InterContinental Hotels Group has announced the region’s most awaited luxury destination, Hayman Island by InterContinental, is scheduled to open in July 2019, with Mark Eletr appointed as Resort Manager.
Novotel and ibis Melbourne Central Hotel opening in December
One of Melbourne’s most anticipated hotel openings, the new 483-room Novotel and ibis Melbourne Central on Little Lonsdale Street, is now taking bookings for stays from 1st December 2018.
iPG's Sydney Park Regis Hotel sold for $54 million
iProsperity Group (iPG) has announced the sale of its Park Regis Hotel asset in Sydney’s City Centre for $54.18m to the Yeh Group, in a deal brokered by Gus Moors and Karen Wales of Colliers International.
Asset shortage in key Australian cities drives acquisition spree by hotel groups
A shortage of suitable real estate for hotel developments in key cities such as Sydney, Melbourne, Gold Coast, Canberra, Auckland and Queenstown is behind a boom in acquisitions by top and mid-tier hotel groups - iPG’s quarterly Hotel Market Research Report.
