JLL Hotels & Hospitality Group sells Four Seasons Resort Bora Bora
Developer Thierry Barbion and Alatau Hospitality, an investment fund of Lancaster Group Kazakhstan led by Kassym Abzhanov, sold the resort to a private equity hospitality fund led by Gaw Capital.
Adelaide is expecting an Atura hotel at Adelaide Airport in 2018; a Sofitel hotel on Currie Street in 2019; an Aloft hotel with 200 rooms in 2019; and a proposed Sheraton hotel is also anticipated to open in 2019.
Ovolo Group expands Australian footprint to Brisbane
Located in the heart of Brisbane’s CBD, The New Inchcolm Hotel & Suites purchase by Ovolo Hotels was facilitated by JLL Hotels & Hospitality Group Vice President, Tom Gibson and Executive Vice President, Peter Harper.
Moana Sands Lagoon Resort to open in Muri Beach, Rarotonga
Muri beach will soon be home to the latest Moana Sands development, joining Moana Sands Beachfront Hotel and Moana Sands Beachfront Villas situated in Titikaveka and Vaimaanga beaches respectively.
Regional New Zealand hotel sales signal rising demand
An Australian investor has purchased the 51-room Ambassador Hotel Hamilton, while an Auckland investor has bought The Park Hotel Ruapehu, an 82-room hotel in the central North Island’s National Park.
The Langham Auckland, one of New Zealand’s leading hotels will be rebranded as Cordis, Auckland
Cordis Hotels and Resorts is a new generation of selected upper upscale modern hotels by Langham Hospitality Group, which will see The Langham Auckland rebranded on 1st November 2017.
InterContinental Fiji Golf Resort & Spa recognised as 2017 Fiji Family Friendly Hotel of the Year
InterContinental Fiji Golf Resort & Spa overlooks the azure waters of Natadola Beach and offers all of the facilities and services expected of a luxury international resort.
AccorHotels to expand its footprint in Northern Territory
AccorHotels has announced the Chifley Alice Springs Resort will join its network in July 2017 at which time the hotel will rebrand to Mercure Alice Springs Resort.