Management rights of Brisbane's Royal Albert Hotel sold
The management rights to one of Brisbane’s landmark CBD heritage properties, the Royal Albert Hotel, has changed hands for the first time in almost two decades.
Minister for Planning Richard Wynne has announced planning approvals for the $450m Munro site Hotel and Apartment development that sits within Melbourne's Queen Victoria Market precinct.
The boom of new hotel development in Australia continues with the announcement of a new 200-key Hyatt Place hotel in Melbourne's Springvale to be completed in 2020, which will be the 10th Hyatt branded hotel in Australia.
First clean energy investment in Australia's hotel sector
A new Holiday Inn Express at Southbank in Melbourne will set new design standards in energy efficiency to help cut as much as 25 per cent of its energy consumption, drawing on a $39 million investment commitment from the Federal Government's Clean Energy Finance Corporation (CEFC).
Perth's brand new Westin hotel welcomes first guests
The Westin Perth is the latest hotel to debut in the city, officially welcoming guests to enjoy its 368 rooms set amongst the revitalised East End quarter of Perth CBD.
Melbourne's CBD to receive a dual-branded Hotel Indigo and Holiday Inn
IHG will open its first Australian dual-branded hotel by 2022 with the signing of Hotel Indigo Melbourne Little Collins and Holiday Inn Melbourne Bourke Street Mall, in the heart of the CBD.
Australia's StayWell group expands in India with Park Regis brand
One of Asia Pacific’s largest hotel management groups, StayWell Holdings, has announced it will further expand its Park Regis portfolio in India, with the rebranding of Aveda Resort & Spa in Kumarakom to Park Regis Aveda, Kumarakom scheduled to be completed by the end of May 2018.
Dransfield release their Hotel Futures 2018 report
Dransfield's latest Hotel Futures 2018 report indicates that with a positive supply and demand equation expected, sustained high occupancy and opportunity for rate growth will continue to see the tourism sector flourish in Australia.