Long awaited relief for Australia’s hospitality sector as job shortages begin to ease - CBRE
A bounce-back in international visitor arrivals and a relaxation in visa rules are already providing some relief for the Australian hotel industry as job vacancies begin to ease.
L to R: Henry Chin, Global Head of Investor Thought Leadership & Head of Research Asia Pacific, and Steve Carroll, Head of Hotels & Hospitality, Capital Markets, Asia Pacific for CBRE.
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Asia Pacific Hotels & Hospitality Market Continues to Grow as Travel Demand Returns
Investment in Asia Pacific Hotels Rises to $10.1 Billion YTD—17% Increase Y-O-Y. Investors’ strong capital reserves are underpinning increased appetite for operational real estate, with well-located, high-quality hotel assets in key markets keenly sought after,” said Steve Carroll, Head of...
Bumper year of events to boost hotel recovery - TAA
General Managers from Tourism Accommodation Australia and the Accommodation Association’s leading NSW hotels met with Business Events Sydney yesterday to discuss the bumper pipeline of events for Sydney over the next 12 months.
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.
