Why hotels are getting on board with sustainable development
For a sizeable number of today’s one billion tourists, the prospect of pristine mountain slopes, sun-drenched beaches and nature at its best is worth traveling long distances for.
Adelaide is expecting an Atura hotel at Adelaide Airport in 2018; a Sofitel hotel on Currie Street in 2019; an Aloft hotel with 200 rooms in 2019; and a proposed Sheraton hotel is also anticipated to open in 2019.
Ovolo Group expands Australian footprint to Brisbane
Located in the heart of Brisbane’s CBD, The New Inchcolm Hotel & Suites purchase by Ovolo Hotels was facilitated by JLL Hotels & Hospitality Group Vice President, Tom Gibson and Executive Vice President, Peter Harper.
Marriott International on track for breakthrough year in Asia Pacific
On the back of a strong first quarter, Marriott International has announced that 2017 is on track for a progressive year in Asia Pacific with nearly 80 hotels targeted to open, bringing 19,000 new rooms to the region.
Aloft Perth Hotel opens, debuting Marriott International’s Different-by-Design brand in Australia
Aloft Perth is the centerpiece of an urban renewal project and will be the social hub of the Springs Rivervale community, which is located alongside the Swan River and on the doorstep of Perth CBD.
Singapore’s Royal Group sells InterContinental Sydney Double Bay
The sales process which was led by Craig Collins of JLL Hotels and Hospitality Group, and Richard Abbott of Holman Fenwick Willan concluded with Zobon Real Estate Group Co.Ltd and Shanghai United Real Estate Inc purchasing the luxury hotel for $140 million.
Cordis Hotels & Resorts geared for growth in Asia Pacific
The group accelerates expansion plans this week with the opening of Cordis, Shanghai, Hongqiao, signing of Cordis Hangzhou and the re-branding of its Auckland property to a Cordis hotel.
How did Donald Trump’s election victory affect buying Asian property?
The election of US President Donald Trump has created uncertainty in financial markets, affecting currency markets in our region, and influencing cross-border property transactions.