Marriott International announces vision for Sheraton transformation
Marriott International has announced its transformation vision for Sheraton Hotels and Resorts, the third largest brand in its portfolio which generates $9.2 billion in property revenue globally and currently consists of nearly 450 open hotels.
Tourism Minister Kelvin Davis has welcomed new forecasts showing international visitor spending is expected to grow 40 per cent to $14.8 billion a year by 2024.
With the future for hospitality in Auckland looking bright, AccorHotels is set to debut its latest property, the 130-key SO Sofitel Auckland in October 2018.
Parramatta Light Rail approved to start construction
The $1bn Parramatta Light Rail project is now full steam ahead with stage 1 now receiving planning approval meaning construction will start within months, with service expected to begin in 2023.
Friday's opening of the 312-room W Hotel Brisbane marks the brands re-entry into Australia - Delivering an intoxicating mix of fast-paced urban style and modern design; a welcome addition to Brisbane's growing tourism sector.
Simon McGrath, COO AccorHotels Pacific and Michael Issenberg, Chairman and CEO AccorHotels Asia Pacific celebrate the acquisition at Peppers Soul, Gold Coast.
AccorHotels completes $1.2bn acquisition of Mantra Group
AccorHotels has announced that it has completed its acquisition of Mantra Group for $1.2 billion. The deal includes the Mantra, Peppers, BreakFree and Art Series brands, representing 138 hotels in Australia, New Zealand, Hawaii and Bali.
Operator sought for 6-star $600m Lindeman Island redevelopment
Chinese tycoon William Han has begun an International operator search for Lindeman Island's $600 million redevelopment into an integrated luxury 6-star and 5-star Beach and Eco-Resort set to be completed by 2022.
Perth's Sebel Aire Apartment Hotel opening next month
Singapore-based asset manager ZACD Group has finalised its acquisition of Finbar’s Aire Apartments for $12.5 million - The upcoming June 30 opening will see the serviced apartments operated by Accor Hotels be known as The Sebel West Perth Aire Apartments.
Jerry Schwartz's Four Points by Sheraton hotel in Sydney's Broadway opening August 2018
Following the opening of the Sofitel Sydney Darling Harbour in October last year, Australia's largest private hotel owner Dr Jerry Schwartz, is preparing for his latest opening this August when the Four Points by Sheraton opens at Central Park.
