Survey By Marriott International in Asia Pacific Reveals Young Luxury Travelers Are Ditching Long-Haul To Explore Their Own Backyards.
A regional survey by Marriott International has coined a term ‘Luxury Backyard Travellers’ a group of affluent millennial and Gen Z travellers in Asia Pacific who are bucking the trend by travelling in reverse order to generations before them.
ALH leased Sunshine Coast hotel investment sold by CBRE
Alexandra Headland’s Alex Hotel sold to Sydney-based family for $11 million on a yield of 6.19%. The beachfront hotel leased to Australian Leisure and Hospitality Group (ALH) sold by CBRE’s Louisa Blennerhassett, Rem Rafter and Paul Fraser who brokered the transaction on behalf of a Melbourne...
Gold Coast’s Sheraton Grand Mirage Resort sold by Colliers, McVay Real Estate & JLL
Sheraton Grand Mirage Resort Gold Coast sold by Colliers, McVay Real Estate and JLL. Appetite for the renowned hotel indicates accelerated recovery of the sector will continue, following more than $1 billion in national hotel transactions over H1 2023, according to Colliers.
Jai Leighton Appointed General Manager of Four Points by Sheraton Auckland
We look forward to Jai’s success in his new role as General Manager at Four Points by Sheraton Auckland and are confident that his previous experience at Marriott International will make him a strong asset to the team”, said Sean Hunt, Area Vice President, Australia, New Zealand and Pacific,...
Choice Hotels Asia-Pac scores record-high month for room nights booked in Q1
Choice Hotels Asia-Pac is continuing to report robust results in the first quarter of 2023, with the leading hotel group enjoying its biggest-ever month for direct online bookings and corporate sales in March of this year.
COMO Hotels and Resorts scoops top gongs in Australia and South Pacific
MR | COMO Hotels and Resorts scoops top gongs in Australia and South Pacific in Travel + Leisure Luxury Awards Asia Pacific. COMO The Treasury achieved two awards and has been voted ‘Best City Hotel’ and ‘Best Hotel Spa’ in Australia. Additionally, COMO Laucala Island won ‘Best Resort’ in the...
Upper Hunter Freehold of The Royal Hotel sold by JLL Hotels & Hospitality Group
The freehold going concern interest in the Royal Hotel Scone sold on behalf of Kelly & Co Hotels, led by popular publican Rodney ‘Ned’ Kelly. The Royal Hotel sold by JLL Vice President Greg Jeloudev, Executive Edward Browne, and Senior Vice President Kate MacDonald.
Royal Hotel Armidale for sale by HTL Property Agents Xavier Plunkett, Blake Edwards and Andrew Jolliffe. The striking Art Deco Hotel for sale includes a public bar, sports bar and TAB, gaming room with 16 band 2 Poker Machine Entitlements.