Hotel market 2023 revamp: Global dry powder targets quality assets down under says Colliers
Foreign investment set to boost Australian hotel market 2023 transaction volumes, which will exceed the long-term average of $1.66 billion, with around $2.2 billion of expected deals says Colliers’ Head of Hotels for Transaction Services Karen Wales.
Setting yourself up for success – Overcoming obstacles to ensure your RMS investment is successful
According to Tracy Dong, Principal Industry Consultant at IDeaS, the longer a hotel has a RMS system in place, working in conjunction with an effective team, the greater the return a hotel will experience.
As the hotel industry continues its recovery path out the biggest disruptor in history, sentiment amongst hotel operators is optimism for 2023 says JLL Survey
While opportunity abounds, challenges remain and there is a clear focus on labour shortages, technology adaptation, ESG and more. These are the findings of JLL Hotels & Hospitality’s inaugural Australian Operator Sentiment Survey in October 2022.
Asset Management is a journey in value appreciation exceeding the market norms and what standard Hotel Management and Brand Company relationships can deliver.
Australia’s hotel market proves leaner and stronger as it undergoes luxury green facelift - Colliers
With the opening of around 3,420 rooms in 10 major markets throughout 2022, new hotel supply represented a moderation from the more than 5,000 rooms which opened in 2021, enabling hoteliers to respond dynamically to changes in tourism demand and spending and market conditions, according to Karen...
AHA welcomes opportunity to enhance WA's liquor laws
The Australian Hotels Association (WA) has welcomed the WA Government’s review of the state’s liquor laws, to help ensure the legislation, policies and regulations governing hospitality venues are modern, fit for purpose, and in line with customer expectations and needs.
IHG Hotels & Resorts signs third major sporting partnership in as many months
IHG Hotels & Resorts has announced the renewal of its partnership with the PGA of Australia which sees IHG continue as Major Partner of the PGA of Australia, the Official Partner of the PGA Tour of Australasia and the Official Partner of the 2022 and 2023 Fortinet Australian PGA Championship...
Terminal 3 will be state of the art so that will be a terminal we’ve built for the 2030s. Currently Brisbane Airport is planning to invest more than $5 billion in the next 10 years to upgrade both terminals, build extra car parking, develop a regional aeromedical hub, expand Skygate and DFO, and...
