Gold Coast shines as Australia's top hotel market for 2018 - CBRE Hotels report
According to CBRE’s Q4, 2018 Hotel MarketView report, the Gold Coast continues to ride a wave of growth following the 2018 Commonwealth Games, with the coastal city emerging as Australia’s best performing hotel market over the past 12 months.
CBRE release their 2019 hotel market outlook research report
CBRE's latest research report has found that Australian hotels on average recorded 1.2% RevPAR growth in 2018, a positive result but lower than the 2.8% growth recorded in 2017.
Australian hotel sales total $1.8 billion in 2018 - Colliers International Report
Despite a slow start to 2018, Australian hotel sales volumes picked up over the second half of the year to record a total of $1.8 billion, across 37 transactions (including two portfolio deals), according to Colliers International.
Queenstown and Rotorua top performers in Colliers New Zealand Hotel Report
New Zealand’s tourism hotspots of Queenstown and Rotorua are the star performers in the hotel sector in 2018, driving much-needed new supply in both centres.
The emerging trend of lifestyle hotels in New Zealand
Lifestyle hotel brands are starting to emerge in New Zealand, as operators look to tap into the next generation of travellers and draw millennials back to the hotel market.
Hotels digitise in wake of the ‘new’ customer - CBRE Hotels CheckIn Report
The key outtake from CBRE Hotel’s annual CheckIn report is the emergence of a ‘new’ hotel customer which is forcing hotel operators to change their business models, with many adopting new technologies to meet the growing demand for convenient and engaging experiences.
‘Hotels of the Future’ changing Australia’s hotel industry today
A new Tourism Accommodation Australia research report released today highlights the dramatic expansion and transformation of Australia’s hotel industry, with a new generation of hotels being developed to cater for a new era of travel.
Auckland New Zealand Hotel Research Report: Horwath HTL
According to Horwath HTL in their latest Auckland Hotel Market Outlook report, 41 hotel projects in various stages are planned to open over the next five years with a total of 6,500 rooms, which if they proceed, represents an increase of approximately 89% of the current major hotel supply in...
Asset shortage in key Australian cities drives acquisition spree by hotel groups
A shortage of suitable real estate for hotel developments in key cities such as Sydney, Melbourne, Gold Coast, Canberra, Auckland and Queenstown is behind a boom in acquisitions by top and mid-tier hotel groups - iPG’s quarterly Hotel Market Research Report.
It's never been a better time to enter a tourism career in New Zealand
Tourism is the number one export earner in New Zealand, worth $36 billion annually and directly employing more than 230,000 people - New research delving into the minds of New Zealand’s young people has uncovered some fascinating insights.