Cairns pips Canberra for top spot as hotels market set for stronger year
Cairns has returned to its familiar position as Australia’s best performing hotel market for the fourth consecutive year, following a strong final quarter.
The old Northbank Goods Shed site fronting Melbourne's Yarra River has received the green light for a $450 million hotel, residential and commercial redevelopment by privately-owned developer Riverlee.
Have your say on the Gold Coast Airport's new hotel
The Preliminary Draft Major Development Plan has been prepared for the $50 million Rydges branded Gold Coast Airport hotel, featuring a rooftop bar and viewing deck, opening in 2019.
Following the multi-million dollar refurbishment of Cordis, Auckland, Hong Kong-based Langham Hospitality Group has announced new expansion plans that will transform the hotel into New Zealand's largest.
NZ hotel owners look to divest in buoyant investment climate
More hotels will be offered for sale this year as owners look to take advantage of the buoyant investment climate by selling off increasingly valuable assets.
Colliers International Australia's Hotel Sales 2017 report released today found that new hotel development deals amounted to $394 million – almost a quarter of the total sales volume in 2017.
Naumi Hotels has announced their debut in Australasia with the opening of the Naumi Auckland Airport which will soon be joined by further sister hotels as the Naumi brand continues to expand.
JLL release their global Hotel Investment Outlook 2018 report
JLL's most recent global hotels report comments that the level of fundraising activities is at its highest seen in any cycle, which is expected to translate into significant growth in 2018.
Six Senses will mark their arrival in the South Pacific on April 14 with its brand new Fiji resort, which will be 100 percent solar powered by the largest micro grid in the country using Tesla batteries.
