Demand outpacing supply in Australia’s student accommodation market - CBRE
Australia’s Purpose Built Student Accommodation (PBSA) sector is facing a supply shortfall, with demand likely to outpace the stock of rooms being delivered.
Unravelling the tax benefits of depreciation in hotel gyms - BMT
BMT Tax Depreciation delves into the depreciation deductions found with hotel gyms and examines a case study where hoteliers apply the Instant Asset Write-Off following upgrades.
Australian hotel investment remains strong over first half of 2023, despite current headwinds - JLL
JLL Hotels & Hospitality’s Australian Hotel Market 1H 2023 Highlights report reveals the key themes that have been evident over the first half of the year, across hotel trading, new supply, transactions, and debt.
Mandarin Oriental, a global leader in luxury hospitality announces its latest sustainability achievements and strategic initiatives, as outlined in its annual sustainability report which is now available on the brand website in text and audio formats.
Finexia report says Gold Coast domestic tourism surging back to pre-pandemic levels reclaiming mantle as Australia’s favourite holiday hotspot
The report commissioned by specialist fund manager Finexia, highlights that hotel occupancy across the Gold Coast has lifted from 43.3% at the start of the pandemic in 2020 to 70.1% in 2022, while average daily room rates have moved from $195 to $271 over the same period.
Survey By Marriott International in Asia Pacific Reveals Young Luxury Travelers Are Ditching Long-Haul To Explore Their Own Backyards.
A regional survey by Marriott International has coined a term ‘Luxury Backyard Travellers’ a group of affluent millennial and Gen Z travellers in Asia Pacific who are bucking the trend by travelling in reverse order to generations before them.
Boutique hotels outpace larger, international rivals - CBRE Report
Shifting travel trends turn the tables, with boutique Australian hotels recording stronger occupancy, room rates and revenue results, according to CBRE Report.
Australian hotels sector in strong recovery as ADR and RevPAR grow - Savills
The Australian hotel market is showing strong signs of recovery with ADR growth driving the rebound, according to new data from Savills Australia and New Zealand.
The Fiji hotel and resort market has seen a very positive recovery post pandemic, largely on the back of a faster than expected return of international demand and strong daily rate levels across the board says JLL Hotels and Hospitality Group.
