Resort Brokers Australia release their December 2017 Informer Magazine
Resort Brokers Australia reports a record in activity and turnover with their running tally for the 2017 calendar year showing 173 settled sales of properties across all states and territories, with a total value nudging $290 million.
CBRE reports major tourism projects bringing investment back to Brisbane
The new Brisbane International Cruise Terminal, Queens Wharf Development and several other major projects currently underway will boost the appeal of Brisbane as a destination for both domestic and international visitors.
Australia records second highest hotel transaction volume in Asia Q3 2017
The total APAC hotel investment volume surged in Q3/2017 to US$4.77 billion, making this quarter the most active in 2017 so far, with Australia recording the second-highest transaction volumes with AU$496.4 million according to Savills November 2017 Hotel Research.
Mantra Group has recorded its strongest year for growth
Mantra Group has achieved its largest year of growth since its inception in 2009, with a record 13 new properties joining its hotel and resort portfolio in 2017.
Proposed development and infrastructure projects targeting Brisbane's CBD over the next 10 years are valued at over $12.4 bn; part of over $20bn in projects across the city reported by Cushman and Wakefield.
New Zealand tourism sector continues to break records
A recent report released by Dean Humphries of Colliers International has announced that the New Zealand tourism sector continues to enjoy record-breaking inbound travellers with a total of 3.7 million visitors arriving in the country for the year ended August 2017, a 9.3% increase year-on-year...
Colliers reports that hotel sector remains in high demand across Asia
The Colliers International Asia Market Snapshot Q3 2017 research report summarises the Capital Markets across asia including the hospitality, industrial and office sectors focusing on deals and trends.
CBRE's latest research report, the Australia Hotel Marketview Q3 2017 reveals that Canberra is the star performer, posting double digit RevPAR increases and continuing its strong performance from earlier in the year.