Accor calls for investment in events to fast-track tourism revival, as Regional WA leads the way
Sarah Derry, CEO of Accor Pacific said, “The tourism industry will require government support for tourism generation and the establishment of new markets such as India, as it is unlikely that overseas markets like China are going to recover in the short-term.”
BMT Tax Depreciation outlines what temporary full expensing is, explains business and asset eligibility and shows just how lucrative it can be once applied using a newly upgraded Gold Coast resort as an example.
Build Skills For Life in Hospo - AVC offers $1k Vouchers & $1k Bonus Hiring Incentives as functions bookings forecast to be up 86%
Australian Venue Co (AVC) aims to recruit more than 2500 positions in preparation for a record breaking summer Already, long lead functions bookings are forecasted to be up by 47% for November and 86% in December, AVC’s Chief People Officer, Rachel Checinski says that hospitality offers skills...
Window of opportunity: The current hotel investment market-Colliers
Colliers’ Australian Hotel Investment Market Report H1 2022 reveals shifts in vendor and purchaser movements,by Karen Wales, National Director, Asia Pacific, Hotels Transaction Services, Colliers.
Bangkok Luxury Hotel Market in the first half of 2022 - Knight Frank
Mr. Carlos Martinez, Director of Research and Consultancy, Knight Frank Thailand said as a result of the continued easing of travel restrictions globally, the number of inbound foreign arrivals to Bangkok increased from just over 160,000 to circa 2.2 million YoY, and consequently an upsurge in...
Management Rights’ industry worth $4.8b in Australia, according to groundbreaking report from ResortBrokers
Management Rights contributes a staggering amount to the Australian economy, with $120 billion of accommodation assets under management, according Management Rights’ Report 2022 authored by ResortBrokers Alex Cook, Tim Crooks and Josh Mangleson.
Guests are willing to pay up to a 30% premium for Lifestyle Hotels, says CBRE
When selecting hotels, guests show they would be willing to pay on average a 16% premium for a lifestyle property over a traditional one, with some guests willing to pay up to 30% more, latest CBRE research finds.
Hotel investment appetite strong despite short-term tourism outlook - CBRE
Nearly 90% of hotel-industry participants in Australia and New Zealand are looking to maintain or increase their exposure to the sector, despite a consensus that per-room revenue in some major cities could take three-to-five years to recover to pre-pandemic levels.
