What Australian Hoteliers need to know about upselling ahead of the Summer Peak Season
According to Tracy Dong, Principal Industry Consultant at IDeaS, upselling is no longer a simple sales strategy in the hotel sector. It's a sophisticated blend of data analytics, technology, and human interaction that aims to offer guests an enhanced experience while maximising revenue for...
The price of a luxury ski chalet continues to rise despite challenging macro-economic landscape - Knight Frank
According to Knight Frank’s Ski Property Report 2024, the price of a ski chalet increased by 4.4% on average in the 12 months to June 2023. Except for the pandemic years, it represents the strongest rate of growth since 2014.
International surge on Perth tourism assets - Cygnet West
Hotel and tourism-related assets are in hot demand in Perth – but despite strong offers flowing from offshore sources, owners in the tightly-held market are not necessarily willing to sell.
Asia Pacific hotel investments to cross $10 billion in 2023: JLL
Hotel investments in Asia Pacific will cool to $10.1 billion for 2023 due a variety of external factors, representing a year-on-year decline of 14%. According to JLL’s Hotels & Hospitality Group’s recently published Hotel Investment Highlights Asia Pacific.
L to R: Mark Durran, Managing Director, Hotel Capital Markets at Savills, Nick Lower, Savills’ State Director, Hotels and Max Cooper, Director, Hotels at Savills Australia and New Zealand
Brisbane, Sydney and Perth lead hotel market growth, taking RevPAR to new levels - Savills
Australian hotel markets are continuing to go from strength to strength, with Brisbane, Sydney and Perth leading the charge in nationwide RevPAR growth, according to new data released today from Savills Australia and New Zealand.
Asia Pacific Hotels & Hospitality Market Poised for Strong Growth as Tourist Return Approaches Full Recovery by 2024: CBRE
Institutional investors are attracted to prime hotel assets in tier 1 markets across Asia Pacific, even though tourist arrivals in key destinations are only reaching 70-80% of pre-pandemic levels, according to the latest CBRE research.
Strengthening hotel market opens opportunities for converting office buildings to hotels - JLL
JLL Hotels & Hospitality, in collaboration with its Capital Markets and Work Dynamics teams, explores the case for office conversion to hotels and the factors to consider when reviewing a building conversion.
Innovating sustainability in Asia Pacific's hotels through hotel management agreements - JLL
Hotel developers, investors, operators and governments across the Asia Pacific are focusing on adopting sustainability practices into hospitality. However to keep pace with the Paris Agreement's targets, the hotel industry needs to reduce carbon emissions by 66 percent per room by 2030.
Fiji has officially become the first nation to join the Leading Destinations of the World™ program by EarthCheck.
Tourism Fiji CEO Brent Hill said Fiji’s inclusion in this program reflects Fiji’s firm dedication to preserving its abundant natural beauty, unique ecosystems, and rich heritage. “We are thrilled to have the backing of EarthCheck as we progress our sustainability journey,” he said.
