JLL Report - Return of international visitors boosts hotel sector, but is New Zealand ready for Swift-hotel-onomics?
Nick Thompson Senior Vice President, Investment Sales JLL advises research by JLL, shows that as NZ international tourist numbers edge closer to pre-pandemic levels, hotels have experienced a resurgence in bookings.
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’...
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.
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...
Australian hotel investment surges in 2023, on the back of improved liquidity and a strong trading recovery says JLL
Driven by improved investor sentiment, a continued trading recovery, and several landmark transactions, the hotel investment landscape in Australia experienced strong growth in 2023. Hotel investment volumes (≥ A$5m) reached A$2.43 billion, showcasing a year-on-year increase of 26% and...
Hospitality and related Retail regaining strength - Colliers 2024 Global Investor Outlook
While Luxury resorts are performing strongly amid the resurgence of leisure travel and desire for experiences post pandemic, we expect capital values for the broader Australian hotel market to also remain competitive compared to global peers, said, Karen Wales Head of Hotels, Colliers,...
Mastering Hotel Distribution in a Fragmented Booking Environment
According to Tracy Dong, Principal Industry Consultant at IDeaS, shifts in consumer behaviour coupled with technological advancements have disrupted the hotel distribution landscape.