JLL named leading Asia Pacific hotels investment advisor for record-extending 12th year
Data analysed and published by MSCI Real Capital Analytics (RCA) has confirmed that JLL advised on the most hotel transactions, as measured in dollar value, in Asia Pacific. “To be named as the hotel industry’s unrivalled investment advisor for 12 years straight is both an incredible honour,...
Investors circling Australian hotels after 2022 transactions hit $2.14 billion - CBRE
CBRE’s latest Hotels Overview and Outlook report highlights that recovering occupancies and strong growth in Average Daily Rates (ADR) assisted in insulating the hotels sector from the effects of rising inflation.
‘Auckland is Calling’ Australia roadshow - Tāmaki Makaurau Auckland
Tāmaki Makaurau Auckland tourism operators are visiting Australian shores to promote the region. The ‘Auckland is Calling’ roadshow is on until next Thursday 2 March and will travel to the Gold Coast, Brisbane, Melbourne and Sydney.
Hotel market 2023 revamp: Global dry powder targets quality assets down under says Colliers
Foreign investment set to boost Australian hotel market 2023 transaction volumes, which will exceed the long-term average of $1.66 billion, with around $2.2 billion of expected deals says Colliers’ Head of Hotels for Transaction Services Karen Wales.
Setting yourself up for success – Overcoming obstacles to ensure your RMS investment is successful
According to Tracy Dong, Principal Industry Consultant at IDeaS, the longer a hotel has a RMS system in place, working in conjunction with an effective team, the greater the return a hotel will experience.
As the hotel industry continues its recovery path out the biggest disruptor in history, sentiment amongst hotel operators is optimism for 2023 says JLL Survey
While opportunity abounds, challenges remain and there is a clear focus on labour shortages, technology adaptation, ESG and more. These are the findings of JLL Hotels & Hospitality’s inaugural Australian Operator Sentiment Survey in October 2022.
Australia’s hotel market proves leaner and stronger as it undergoes luxury green facelift - Colliers
With the opening of around 3,420 rooms in 10 major markets throughout 2022, new hotel supply represented a moderation from the more than 5,000 rooms which opened in 2021, enabling hoteliers to respond dynamically to changes in tourism demand and spending and market conditions, according to Karen...
Marriott International introduces Apartments by Marriott Bonvoy, inviting developers to learn more
“Travelers planning vacations and long business trips today are seeking more choice in accommodations, and the introduction of Apartments by Marriott Bonvoy responds to those trends, while offering developers a premium product backed by our trusted name and distribution platform,” said Stephanie...
