Colliers International Release 2016 Report of Hotel Sales in Australia
Colliers International Head of Hotels Australia, Gus Moors, offer details on 50 sales with a total value of $2.7 billion, the second highest result on record.
A preliminary report from data agency STR for November 2016 indicates a significant increase in levels of hotel occupancy and average daily rate in the Sydney market.
Kenneth Rogers is Regional General Manager for The Ascott Limited, overseeing the operations of all Ascott, Citadines and Somerset properties in Indonesia and Australia.