Accor Pacific Chief Executive Officer, Sarah Derry announces one of Australia’s largest hotel management portfolio agreement deals for over a decade, Salter Brothers announced that its portfolio of hotels, acquired as part of the recent Travelodge acquisition, will be joining the global hotel...
Rebound in Asia Pacific Hotel Investment Signals Sector’s Growing Appeal as Inflation Hedge: CBRE
Asia Pacific hotel investment staged a comeback in 2021, growing 46% year-on-year to reach US$12.1 billion. The sector’s steady rebound was underpinned by a growing volume of capital seeking to increase their exposure to the sector, according to the latest CBRE research.
Accor Queensland’s hotel performance shows signs of sustained recovery in Q1
An uplift in occupancy levels on the Sunshine Coast and Gold Coast is driving a resurgence in Queensland hotel performances for Australia’s largest hotel group.
Construction has commenced on The Standard Melbourne in Fitzroy
Construction has commenced on The Standard Hotel Melbourne in Fitzroy. Hamilton Marino Builders has been appointed to undertake the build, which will feature architectures by notable Australian practice Woods Bagot. Melbourne-based design firm Hecker Guthrie will take on the role of interior...
Oakwood Continues Strong Asia Pacific Growth with Oakwood Hotel Cheongju South Korea
The signing of Oakwood Hotel Cheongju in South Korea signals Oakwood’s strong growth momentum in Asia Pacific, which is on track with over 20 openings in 2022.
Bayleys New Zealand’s Hotels Tourism & Leisure welcomes new recruits
With 93 offices nationwide and over 1,100 salespeople, Bayleys can service the industry thoroughly through networking and collaboration with other specialist brokers, in addition to the wider Bayleys group across residential, commercial, and rural.
Inner West ‘Lady’ sold to PUBLIC Hospitality Group - JLL
Lady Hampshire Camperdown sold circa $11 million to ydney-based operators, PUBLIC Hospitality Group (formerly Jaga Group). JLL Hotels Vice President Kate MacDonald and Managing Director John Musca negotiated the off-market transaction.
CBRE Hotels Associate Director Hayley Manvell shares her insights with The Hotel Conversation on the outlook for the backpacker and hostel industry – one of the most impacted sectors during the COVID-19 pandemic.
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A drastic 99% reduction in backpacker entrants spurred youth hostels, student accommodation and co-living to look at innovative solutions
CBRE Hotels Associate Director Hayley Manvell shares her insights with The Hotel Conversation on the outlook for the backpacker and hostel industry – one of the most impacted sectors during the COVID-19 pandemic.
