Independent hotel operator Abode Group has announced a rebrand, now known as Iconic Hotels - With two more hotels in Canberra’s inner-south and north due for completion and opening by July next year.
Darwin and Gold Coast top hotel performers edging out Cairns, CBRE Hotels MarketView report
Gold Coast and Darwin shone as Australia’s best performing hotel markets over the last 12 months, edging Cairns from the top spot as reported by CBRE’s latest Hotels MarketView report for Q2 2018.
Get to know Richard Crawford, Marriott International’s Senior Director of Hotel Development for the Australia Pacific region
"Marriott International will open a hotel somewhere in the world every 14 hours, for the next three years." - Speaking exclusively to The Hotel Conversation, Richard Crawford, Marriott International’s Senior Director of Hotel Development for the Australia Pacific region.
$450m Melbourne Northbank Seafarers Place hotel and mixed-use redevelopment officially approved
Property developer Riverlee has received development approval for its $450 million redevelopment of the Northbank Goods Shed and surrounding land, that is set to revitalise the disused industrial waterfront site with a 5-star luxury hotel and mixed-use precinct.
$45m Veriu Green Square Sydney hotel development begins construction
The $45 million Veriu Green Square hotel development, a joint venture between Veriu Hotels & Suites and Folkestone, commenced construction this week which is set to bring a further 144 rooms to Sydney’s thriving hotel market when it opens late 2019.
Atura Edmondson Park Hotel for sale in Sydney Western Suburbs Wayne Bunz Rob Cross CBRE Hotels
The four star, 167-room Atura Edmondson Park Hotel in Sydney’s rapidly growing south-west is for sale - the centrepiece of Frasers Property Australia’s Ed.Square Town Centre which is anticipated for completion in the third quarter of 2020.
Perth's Esplanade Hotel Fremantle for sale CBRE Hotels
WA property syndicate Primewest has moved to sell Fremantle's very first hotel and one of Perth’s most well-known pubs, the historic Esplanade Hotel in Fremantle - For sale by CBRE’s Aaron Desange, Ryan McGinnity and Chloe Mason.
DA Approved George Street Sydney CBD hotel site for sale McVay Real Estate
The site at 312 - 318 George Street Sydney, opposite Wynyard Station and fronting Sydney CBD’s main pedestrian and light rail thoroughfare, is for sale by Sam McVay and Dan McVay - boasting DA approval for the construction of a new 16 level, 195-room hotel.
The most recent research released by Savills Hotels reveals that Australia's average RevPAR has seen an increase of 3.9%, with Darwin (up 18.3%), Cairns (up 6.9%) and the Gold Coast (up 6.5%) the stand out performers.