EVT announced as the future operator of a new Rydges Resort Fiji
The future Rydges Wailoaloa will be developed by owners Hari Punja & Sons Limited on the beach front at Wailoaloa Beach and contain a cultural village, along with plans for 258 rooms.
Accommodation Australia appoints David Mansfield new Chair of its National Board
The nation’s peak accommodation body, Accommodation Australia, has appointed respected industry figure David Mansfield as new Chair of its National Board.
Australia’s next Olympic state sweeps the podium in 2023 hotel performance improvement - JLL
Almost all Australian tourism and accommodation markets are coming off a record year with 2023 being one of, if not the best, 12 months of trade recorded. Whilst many markets recorded strong gains, it was Queensland that was the standout performer, according to JLL Hotel & Hospitality Group’...
Pub sale to bring a taste of London to Brisbane’s South Bank
The Rose & Crown will open its doors in South Bank following the leasehold sale and refurbishment of what was formerly known as the Little Big House, situated within a two-storey Queenslander built in the 1880’s.
Accor announces landmark sustainability partnership with Qualmark New Zealand
New Zealand’s largest hotel operator, Accor has entered into a strategic partnership with Qualmark to work towards certifying Accor hotels, resorts and apartments across New Zealand as Gold Standard Sustainable Tourism Businesses.
The Australian Hotels Association (WA) has welcomed today’s groundbreaking announcement by the WA Government which will place tourism investment front and centre.
Hotel investors ride out economy at high end of town as Premium assets redefine market - Colliers
Transaction volumes for Premium hotels increased by 20.9% last year, as investors bet on continued high-performance and resilient pricing, according to Colliers Hotels Investment Review 2023 commented Colliers Head of Hotels Transaction Services Karen Wales.
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.
Domestic buyers dominate hotel transactional activity in 2023 - Cross-border capital ready to make their moves in 2024 says Savills
Notwithstanding domestic buyers dominating hotel transactions in 2023, Australia remains a preferred destination for international hotel investors particularly from Asia and the Savills Asia Pacific team continues to experience strong levels of interest from investors across the region.” said...