Record tourism spend boosts WA's hotels and hospitality venues
The Australian Hotels Association (WA) has hailed WA’s record visitor spend in 2022, with the state’s hotels and hospitality venues directly benefitting from a strong post-COVID recovery.
Brisbane Airport predicting 15,000 passengers through its International Terminal tomorrow (Sunday), up 77% compared to this time last year
With Easter traditionally being the busiest time of year for Queensland’s tourism industry, the rebound in international visitor numbers is good news for Queensland jobs and the economy."Around 75% of Queensland’s international arrivals transit through the Brisbane Airport, so when Brisbane...
Call for more biophilic hotels and resorts in Vietnam
With its sprawling coastlines, beautiful beaches and warm, tropical climate, it is little wonder Vietnam has topped tourism lists as a must-see Southeast Asian destination in 2023.
Successful recovery for Choice Hotels Asia-Pac hotels in 2022
Despite two years of challenges posed by the global pandemic, Choice Hotels Asia-Pac has delivered impressive RevPAR growth across its Asia-Pac hotel portfolio for the financial year ending December 2022.
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.
