Bespoke hospitality opportunities in new Wellington waterfront development on the table
Bayleys Wellington Senior Broker Jim Wana is offering two ground-floor hospitality tenancies within the Kumutoto Precinct development, Wellington, NZ for sale.
The Star Gold Coast's six star tower tops out in preparation for the 2018 Commonwealth Games
The centrepiece of The Star Gold Coast’s $850 million transformation has reached its highest point, with the focus to now turn to the fit-out of the luxury development.
Miss Maud Hotel set to capitalise on booming Perth tourism market
Iconic Perth CBD hotel, Miss Maud, is on the market via Barney Dear and Chas Moore of Savills as Perth international visitor numbers pass the 900,000 mark for the first time and more than $10 billion is injected into infrastructure projects.
Savills reports Australia recorded the second highest transaction volumes across Asia Pacific totalling AU$462.2 million
Australia is perceived to be a low-risk investment market, boosting demand for hotels according to the Research Report produced by Michael Simpson, Raymond Clement and Simon Smith of Savills.
Australia and New Zealand hotel market records $2 billion in transactions over the 2016/17 financial year
According to Ray White's latest Commercial Research, the Australian and New Zealand hotel markets have overall had some impressive results over the last few years, with the bulk of high profile sales completed in Melbourne and Sydney.
Canberra, Cairns and Sydney steal the march on interstate hotel rivals
The Nation's Capital has retained its position as the top performing hotel market in the country, swiftly followed by Cairns and Sydney, posting double digit RevPar growth for the first time this decade according to CBRE’s latest Australia Hotels MarketView.
$18 billion worth of infrastructure investments for Brisbane
Reflecting the strength of Brisbane’s hotel market and long-term outlook, investment in the Queensland capital is becoming an increasingly key focus for international buyers.