Adding to the growing list of huge infrastructure and tourism developments in Brisbane, the Queensland Government has given a green light to Dexus to progress to the next stage with their $1.4bn proposal to transform Eagle Street Pier into a premium business, hotel and leisure destination.
Choice Hotels Asia Pacific has announced the acquisition of four new-build properties across Australia and New Zealand, adding a total of 431 rooms to the group’s portfolio in the next three years.
Why investors need to check-in to NZ’s motel sector
New Zealand’s accommodation sector is in an enviable position, with the number of tourists surpassing the number of beds available with motels being a cost-effective point of entry.
The 2017 financial year has exceeded all of Resort Brokers New Zealand expectations, with the final two transactions being settled before the end of March, their total gross sales value eclipsed the previous financial year result.
Brisbane's Emporium Hotel South Bank set to open in July
Brisbane's new flagship Emporium Hotel South Bank in the $600 million Southpoint development is set to open on 1 July 2018, with bookings for accommodation, conferencing and events now available.
The ACT Government has approved the $1 billion Republic development, the largest mixed-use project ever approved in the national capital, including the city’s tallest and highest building.
Regional Economic Development Minister Shane Jones has announced the Provincial Growth Fund (PGF) will help support a desperately-needed upgrade at the Bay of Islands Airport in Kerikeri.
The four year partnership extension will see AccorHotels continue as the official accommodation partner of the NRL, supporting Clubs and State of Origin teams across Australia and New Zealand.
