"Australia’s investment-grade hotel rooms now worth $56 billion" - Colliers International
Australia’s booming hotel market now comprises around 145,000 ‘investment grade’ rooms worth an estimated $56billion, according to new Colliers International research.
Labour government supports accommodation operators with end to price parity between online travel agencies
The Accommodation Association of Australia welcomes the historic announcement from the Labor Party to end price parity between online travel agencies and accommodation providers.
Travelodge Adelaide hotel for sale - Karen Wales, Gus Moors, Colliers International
Mandala Group has appointed Colliers International as exclusive agents to seek offers for the pre-purchase of a new build 220-room Travelodge hotel in Adelaide, scheduled to be completed in 2021.
$700m Andaz Hotel development coming to Sydney CBD in 2022
Woods Bagot’s winning scheme for the new 55-story tower will be built in the city’s central business district at 4-6 Bligh Street. Creating two addresses—one for the 400-room hotel operated by Andaz Hotels by Hyatt and the other for commercial uses.
Accor and sbe to launch iconic Hyde Paradiso brand in Gold Coast, Australia
Accor has chosen Australia as the first Asia Pacific market to expand its partnership with sbe outside of the US and bring its luxury lifestyle hospitality brand, Hyde to its shores following Accor’s acquisition of a 50% stake in sbe in October 2018.
$130m Hotel Chadstone Melbourne, MGallery by Sofitel opening November 2019
Hotel Chadstone Melbourne is now accepting reservations with the first guests to check-in for their stay at the city’s newest luxury destination in November 2019.
Quest St Kilda Road Hotel opens weeks before Australian Grand Prix
Quest Apartment Hotels opened its latest property, Quest St Kilda Road, just weeks before the start of Melbourne’s world-class sporting event, the Australian Grand Prix.
TFE to begin construction of Travelodge Hotel Hurstville
TFE Hotels has announced today that construction is about to begin on a new-build hotel, the Travelodge Hurstville, as part of a significant redevelopment project in Sydney’s southern suburbs.
"Queensland hotel market having its time in sun" - iProsperity Hotel Research Report
Figures released in iPG’s Half Yearly Report 2018 have revealed high levels of confidence in the Queensland hotel market with a significant amount of transaction activity recorded in the second half of 2018.
The Star Entertainment Group to reduce single-use plastics
The Star Entertainment Group today announced a commitment to reduce single-use plastics across its 60 bars and restaurants, 7 hotels and corporate offices in Sydney, Brisbane and the Gold Coast.