Westin Perth Hotel sold for over $200m - Mark Durran JLL Hotels
In the largest single asset transaction of 2018, and the largest ever in Perth, the brand new Westin Perth has been acquired by Malaysia’s YTL Group in a deal negotiated by JLL Hotels & Hospitality Group’s Managing Director, Mark Durran.
DoubleTree by Hilton Perth Northbridge officially opens
Hilton officially opened DoubleTree by Hilton Perth Northbridge on Friday, marking the DoubleTree brand’s first Western Australia property and the first new-build DoubleTree property to open in Australia.
Choice Hotels Asia-Pac, one of the region’s leading hotel franchise groups, has announced the 214-room Ingot Hotel Perth will open its doors this Saturday.
Wyndham LUX Perth Hotel to achieve Environmental Product Declaration
Western Australian building technology company NXT TEC. Ltd will build the world’s first hotel to achieve a verified Environmental Product Declaration.
Aloft Perth hotel sold in $100m deal Mark Durran JLL Hotels
The Aloft Perth together with the adjoining office building 25 Rowe has sold to Singaporean group Meteorite Land in a $100 million transaction brokered through JLL’s Mark Durran, John Williams and Tom Nattrass.
Construction begins at Quest Joondalup Perth Hotel
Quest Apartment Hotels is continuing its expansion in Western Australia, with construction commencing on Quest Joondalup at 65 Boas Avenue in Perth's northern suburbs.
Quest Scarborough extension meets demand for premium accommodation in the area
Quest Apartment Hotels has added an additional 11 brand new apartments to its Quest Scarborough property, as part of a major extension for the beach-side apartment hotel.
Event Hospitality signs three new hotels from 8Hotels Group
Currently managed by the 8Hotels Group, The Ultimo Sydney, The Pensione Hotel Perth and All-Suites Perth will come under new management by Event Hospitality from 29 October 2018.
$30m Australian Outback hotel and pub portfolio for sale
A substantial portfolio of Outback roadhouse, retail and accommodation assets is set to enter the market with a price tag of $30 million, including the Erldunda Roadhouse, Northern Territory, and the Border Village and Nullarbor roadhouses in South Australia - Being marketed by Trudy Crooks,...
Hotel investors still on the lookout amid COVID-19 - CBRE Survey
The Australian hotel industry remains cautiously optimistic about medium-term investor appetite amid the COVID-19 pandemic, according to CBRE Research’s latest Hotel Market Survey.
Emerging 'dark kitchen' trend among food retailers - CBRE
As Australia’s hospitality retailers look towards delivery services to bolster business during the COVID-19 pandemic, CBRE has released a report on the emerging dark kitchen trend feeding Australia’s growing meal delivery economy.