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The Union Jack Hotel and the Jack House Hostel located at 52-60 Spence Street Cairns sold by Savills Hotels agents Leon Alaban and Joseph Ganim of Savills Australia & New Zealand via an on-market sale process after a comprehensive campaign.

Queensland (Qld)Brisbane

Deals

Bokarina Beach Apartments joins the Ascend Hotel Collection™ - Choice Hotels

Choice Hotels Asia-Pac CEO Trent Fraser says Bokarina Beach Apartments represents an exciting addition to the Ascend Hotel Collection in Australia, reflecting Choice Hotels’ strategic growth in upscale assets commanding higher ADRs.

Markets

What makes Bali’s eco-resorts thrive financially

With Bali positioned as a premier ecotourism destination, there are key takeaways from our studies that contribute to the success of eco-resorts on the island says Ross Woods, Founder & Head PT Hotel Investasi Strategis.

News Roundup

https://www.thehotelconversation.com.au/news/2020/04/23/hotel-investors-still-lookout-amid-covid-19-cbre-survey/1587567615

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.

The Hotel Conversation

https://www.therealestateconversation.com.au/news/2020/04/29/how-much-the-banks-generosity-costing-you/1588121720

How much is the Bank’s generosity costing you?

REINSW CEO Tim McKibbin questions who really is footing the bill when it comes to banks, landlords and tenants.

The Real Estate Conversation

https://www.commo.com.au/news/2020/04/15/emerging-dark-kitchen-trend-among-food-retailers-cbre/1586927270

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.

COMMO.

https://www.theaseandeveloper.com/news/2020/04/30/its-important-be-conscious-timelines-how-developers-are-adapting-covid-19/1588210194

'It's important to be conscious of timelines': How developers are adapting to Covid-19

Dan Holden, founder of commercial brokerage firm HoldenCAPITAL, outlines where the challenges lie for Australia's developers moving forward.

The ASEAN Developer

https://www.therealestateconversation.com.au/news/2020/04/27/john-mcgrath-first-home-buying-during-covid-19/1587958234

John McGrath – First home buying during Covid-19

John McGrath, founder of McGrath Estate Agents encourages first home buyers to continue their property search.

The Real Estate Conversation

https://www.therealestateconversation.com.au/news/2020/03/19/why-property-stands-sturdy-coronavirus-smashes-stock-markets/1584590231

Why property stands sturdy as Coronavirus smashes stock markets

History has shown when there are corrections in global stock markets, Australian property becomes a port in the storm.