Brisbane Best Western Gregory Terrace Hotel sold to Interstate investors by CBRE
A Sydney-based investment syndicate has purchased the Best Western Gregory Terrace hotel in the inner-Brisbane suburb of Spring Hill. CBRE Hotels’ agents Hayley Manvell and Paul Fraser handled the sale on behalf of the owner GT Property group.
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.
CBRE release their 2019 hotel market outlook research report
CBRE's latest research report has found that Australian hotels on average recorded 1.2% RevPAR growth in 2018, a positive result but lower than the 2.8% growth recorded in 2017.
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.