Accor announces new Novotel hotel in Devonport, Tasmania
Accor, together with Singapore’s Fragrance Group Limited, will open a stunning new hotel - Novotel Devonport - in Tasmania’s northwest in Q4 of this year.
Hotel investment appetite strong despite short-term tourism outlook - CBRE
Nearly 90% of hotel-industry participants in Australia and New Zealand are looking to maintain or increase their exposure to the sector, despite a consensus that per-room revenue in some major cities could take three-to-five years to recover to pre-pandemic levels.
Asia Pacific 1H 2022 hotel investment up 33% year-on-year as market moves above pre-pandemic levels
JLL estimates investment volumes totaled $6.8 billion in the first six months of 2022 and projects $10.7 billion in transactions for the full year despite macroeconomic and geopolitical headwinds.
JLL Hotels & Hospitality Group facilitate transformational Master Franchise Agreement between Choice Hotels Asia Pacific and Suba Group of Hotels to develop over 150 properties in India
JLL Hotels & Hospitality Group, as exclusive advisor, has secured the sale of the Master Franchise Rights to three core Choice Hotels brands within the Indian market for the next 15 years.
Queensland welcomes the debut of IHG’s Hotel Indigo brand with launch of Hotel Indigo Brisbane City Centre
Vista Hospitality Group, in partnership with IHG Hotels & Resorts, is excited to announce the launch of Hotel Indigo Brisbane City Centre today which also marks the debut of the boutique luxury and lifestyle brand in Queensland.
Glebe Nag’s Head Hotel Sydney sold by sold by former Qantas CEO Geoff Dixon and his business partners David Birkbeck and Russ Lowe to Marcello Colosimo of Momento Hospitality HTL Property. Andrew Jolliffe and Sam Handy of HTL exclusively brokered the sale via an off-market process.
Laundy and Flower Consortium Expand North Coast Investments - HTL Property
Following a busy week for the leading national agency, HTL Property today confirms the sale of the large format Tacking Point Tavern in Port Macquarie.