JLL Director Hotels & Hospitality Nick Thompson says the active New Zealand market is once again a beacon for investors seeking stable, long-term performance
Hotel transactions pass $100m first quarter this year as international tourism rebounds - JLL
Having transacted the record $170m sale of Auckland’s Stamford Plaza last October, JLL Director Hotels & Hospitality Nick Thompson says the active New Zealand market is once again a beacon for investors seeking stable, long-term performance. "Through the first quarter of this year, we’ve...
Investors circling Australian hotels after 2022 transactions hit $2.14 billion - CBRE
CBRE’s latest Hotels Overview and Outlook report highlights that recovering occupancies and strong growth in Average Daily Rates (ADR) assisted in insulating the hotels sector from the effects of rising inflation.
Pullman Melbourne on Swanston showcases the launch of the “blossom rooftop bar”, Melbourne’s highest rooftop bar
Blossom Rooftop Bar, located on the 14th floor of the Pullman Melbourne on Swanston, is officially opening its doors to patrons, partiers and diners on Thursday 23rd of February with Melbourne’s highest and edgiest new rooftop bar.
‘Auckland is Calling’ Australia roadshow - Tāmaki Makaurau Auckland
Tāmaki Makaurau Auckland tourism operators are visiting Australian shores to promote the region. The ‘Auckland is Calling’ roadshow is on until next Thursday 2 March and will travel to the Gold Coast, Brisbane, Melbourne and Sydney.
EVT secures multi property deal, welcomes Hunter Valley resort to Rydges
Rydges secures multi-year multi-property partnership. EVT and Dr Jerry Schwartz and the Schwartz Family Company (SFC) announced Rydges as the new operator of the Hunter Valley Resort, which is currently operated by IHG as Crowne Plaza Hunter Valley.
Plans lodged for “masterful” $700m, 59-storey Sydney hotel tower
Developer Holdmark has lodged a State Significant Development Application for a sculptural 59-storey hotel and commercial tower in the heart of Sydney’s CBD designed by global architecture studio Woods Bagot
Laneways by Ovolo, the hotel group has unveiled a first glimpse of the Neale Whitaker suite – the design aficionado’s room of choice when staying in the city. Neale worked alongside Australian interior design studio Luchetti Krelle to style the suite, adding to their 80s Memphis-inspired decor...
IHG Hotels & Resorts supercharges senior operations and growth leadership
IHG Hotels & Resorts today announces some exciting leadership appointments that will further enable it to drive operational excellence and outperformance across its hotel estate.