Novotel Twin Waters Resort sold in $100m deal to Shakespeare Property Group
The Shakespeare Property Group has completed the $100 million purchase of Novotel Twin Waters Resort on Queensland’s Sunshine Coast, who intent to improve the current facilities and reposition the resort as a leading business events venue and leisure resort in Queensland.
The Federal Government has approved plans to develop a new 4 star, 192-room Rydges hotel and conference facility in the Gold Coast Airport’s terminal precinct.
McLaren Vale winery Wirra Wirra new hotel development
Wirra Wirra will partner with Greaton on a project to build the first five-star accommodation of scale in the McLaren Vale wine region and the first integrated winery resort of its type in South Australia.
See the deductions available in a hotel restaurant
Many customers judge a hotel by its restaurant, so it can only be expected that hoteliers put a lot of resources into making their restaurants fit for an unforgettable dining experience - Fortunately for hoteliers, many of the fit-out costs can be recouped through depreciation deductions.
Rotorua Lakefront and Whakarewarewa Forest to receive $27 million funding boost
The Rotorua Lakefront and Whakarewarewa Forest has been given a significant boost from the Provincial Growth Fund, which is investing $27.4 million to help unlock its potential as a world-class tourist destination.
Qantas to partner with Cathay Pacific set to boost Australian tourism numbers
Cathay Pacific and Qantas customers are set to benefit from a new codeshare agreement that leverages the strengths of each carrier’s regional networks and provides more options for customers travelling between Australia and Asia.
Dr Jerry Schwartz donates first night profits to Aussie Farmers
Dr Jerry Schwartz has pledged to support Australia’s embattled farmers by donating the profits from his first night as owner of the new Four Points by Sheraton at Sydney’s Central Park.
The highly anticipated $200 million Westin Brisbane will open its doors on 8 November 2018, part of a mixed-use development called Mary Lane which will offer an array of vibrant dining venues and stylish residences, in the heart of the CBD.
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...