BMT Tax Depreciation outlines what temporary full expensing is, explains business and asset eligibility and shows just how lucrative it can be once applied using a newly upgraded Gold Coast resort as an example.
Build Skills For Life in Hospo - AVC offers $1k Vouchers & $1k Bonus Hiring Incentives as functions bookings forecast to be up 86%
Australian Venue Co (AVC) aims to recruit more than 2500 positions in preparation for a record breaking summer Already, long lead functions bookings are forecasted to be up by 47% for November and 86% in December, AVC’s Chief People Officer, Rachel Checinski says that hospitality offers skills...
Window of opportunity: The current hotel investment market-Colliers
Colliers’ Australian Hotel Investment Market Report H1 2022 reveals shifts in vendor and purchaser movements,by Karen Wales, National Director, Asia Pacific, Hotels Transaction Services, Colliers.
Tourism leader rolls up sleeves to help with staff shortage
Barry Robinson, President and Managing Director of International Operations for Wyndham Destinations, switched his suit for a chef’s apron at Wyndham Surfers Paradise this morning to help out the hotel team during a staff shortage. Wyndham Destinations Asia Pacific is currently recruiting for...
IHG Hotels & Resorts celebrates 60 years in Australia, ringing in a suite of Diamond anniversary celebrations
IHG Hotels & Resorts is proud to be celebrating the Diamond anniversary of its brands in Australia, marking an impressive 60 years since a legendary InterContinental property became the first international hotel in the country.
Bangkok Luxury Hotel Market in the first half of 2022 - Knight Frank
Mr. Carlos Martinez, Director of Research and Consultancy, Knight Frank Thailand said as a result of the continued easing of travel restrictions globally, the number of inbound foreign arrivals to Bangkok increased from just over 160,000 to circa 2.2 million YoY, and consequently an upsurge in...
Caravan Parks underpinned by large land holdings in demand says Ray White Commercial
Caravan and tourist park assets are often positioned in between travel routes and growing regions and cities, says Ryan Langham and Nathan Huxham from Ray White Commercial Burleigh Group who have listed 5 Caravan Parks for sale in the last few weeks stretching from Dunk Island through to Ballina...
Management Rights’ industry worth $4.8b in Australia, according to groundbreaking report from ResortBrokers
Management Rights contributes a staggering amount to the Australian economy, with $120 billion of accommodation assets under management, according Management Rights’ Report 2022 authored by ResortBrokers Alex Cook, Tim Crooks and Josh Mangleson.
Guests are willing to pay up to a 30% premium for Lifestyle Hotels, says CBRE
When selecting hotels, guests show they would be willing to pay on average a 16% premium for a lifestyle property over a traditional one, with some guests willing to pay up to 30% more, latest CBRE research finds.