Sydney hotel occupancy declines amid increased supply
New data from STR has indicated a drop in Sydney hotel occupancy for the month of January, with revenues down almost seven per cent compared with the same time last year.
Millennials the surprise big spenders on Australian accommodation - reports CBRE Hotels
According to CBRE Hotels’ latest Australian Check-IN report - it's Millennials, not the country’s cashed up Baby Boomers or high salaried Generation X travellers that spend more on accommodation than any other generation.
Western Australia the fastest growing international holiday tourism market in Australia
The Australian Hotels Association (WA) has welcomed the latest data from Tourism Research Australia, showing Western Australia with the fastest growing international holiday tourism market in the country.
New lenders revitalising the Australian pub investment market - reports CBRE
New lenders are helping to invigorate the pub investment sector, providing an alternative to the big four banks, according to CBRE Hotels’ inaugural Behind the Bar report.
Resort Brokers Australia release their 95th Issue of the Informer Magazine
Published by ResortBrokers since 2002, the latest issue features the theme “Being Your Own Boss” and looks at what’s driving the rapid rise in the number of Australians who are striking out on their own in business.
Top 3 market movers in Australia remain the same, reports JLL Hotels
The Top 3 Market Movers in Australia remain the same for year-to-date through July 2019, with Hobart growing by an impressive 8.6% in RevPAR, Tom Gibson from JLL Hotels & Hospitality Group has reported.
HTL Property has facilitated approximately $450m+ worth of Pub Asset sales on FY19 and have reported in the years market highlights and future market landscape.