Australia’s hotel sector tipped to benefit from occupancy and room rate growth as inbound tourism recovery gathers momentum
Surging inbound tourism will help boost Australia’s hotel occupancy levels this year and next while spurring room rate growth in most markets, particularly Sydney and Brisbane, according to new CBRE forecasts.
Accor signs landmark management agreement with Shakespeare Property Group for Hotel Woolstore 1888 Sydney
Accor announced today that one of Sydney’s finest heritage hotels, Hotel Woolstore 1888, is joining its portfolio of Handwritten Collection hotels in May 2024 under a hotel management agreement with the hotel’s new owners Shakespeare Property Group.
TFE Hotels launch MM:NT Berlin Lab an ever-evolving mini hotel laboratory
MM:NT Berlin Lab, an ever-evolving mini hotel laboratory, will operate in an on-going beta mode, continually gathering feedback from guests to redefine stays and enable TFE to reshape hospitality products in the future, says TFE Hotels’ CEO, Antony Ritch.
TFE Hotels - Bates Smart designed refurbishment Adina Apartment Hotel Sydney Town Hall
The Adina Apartment Hotel Sydney Town Hall, located just metres away from Sydney's iconic Town Hall Clock Tower, is officially counting down the days ahead of a new multimillion-dollar refurbishment confirmed to start mid next month announced TFE Hotels’ Group Chief Operating Officer, Chris...
ResortBrokers breaks own record with largest ever Quest transaction
ResortBrokers has achieved another record sale of a Quest Apartment Hotel business with the 88-apartment Quest Liverpool sold by ResortBrokers’ NSW agents Jacqueline Featherby and Tim Mayoh
Trilogy Hotels secures landmark deal with Schwartz Family Company
The first of its kind in Australia the deal will see the Trilogy team manage operations for more than 1000 rooms across four hotels in NSW and the ACT. Hotels included in the deal are Mercure Sydney, Ibis Sydney World Square, Mercure Canberra and Fairmont Resort Blue Mountains.
HTL Property Achieves Strong Sale of Residential Park Asset in the Lake Macquarie Region
HTL Property, has successfully sold the Sunstrip Park, a premium Residential Land Lease Community located in the highly sought-after Lake Macquarie Region. Sunstrip Park sold by Andrew Jackson, National Director of HTL Property’s Accommodation brokerage business.
Marriott International second Moxy Hotel Sydney to feature Sydneys highest rooftop bar on level 34
New-build Moxy Sydney Pitt Street expects to feature 314 rooms, located in the heart of Sydney’s CBD at 371 Pitt Street. This signing comes only months following the opening of the landmark 301-room Moxy Sydney Airport, the first hotel for the spirited and experiential brand in Australia.
IHG Hotels & Resorts continues voco’s growth momentum with new signing in Gosford with ALAND
IHG Hotels & Resorts (IHG) announce the signing of the seventh voco in Australasia, partnering with leading Sydney developer ALAND to open voco Gosford in regional New South Wales in early 2025. The brand-new voco Gosford will form part of Archibald by ALAND, a landmark mixed-use development...
Accor, the largest hotel operator in Australia and New Zealand, is pleased to announce that The Sebel is celebrating 60 successful years of providing exceptional accommodation experiences across Australia and New Zealand.