Adelaide is expecting an Atura hotel at Adelaide Airport in 2018; a Sofitel hotel on Currie Street in 2019; an Aloft hotel with 200 rooms in 2019; and a proposed Sheraton hotel is also anticipated to open in 2019.
Marriott International on track for breakthrough year in Asia Pacific
On the back of a strong first quarter, Marriott International has announced that 2017 is on track for a progressive year in Asia Pacific with nearly 80 hotels targeted to open, bringing 19,000 new rooms to the region.
How did Donald Trump’s election victory affect buying Asian property?
The election of US President Donald Trump has created uncertainty in financial markets, affecting currency markets in our region, and influencing cross-border property transactions.
Colliers International release New Zealand Hotel Market Snapshot May 2017
Dean Humphries, National Director of Hotels New Zealand and South Pacific says the New Zealand hotel sector is set up for potentially its best performing year on record.
Colliers International release Q1 2017 Hotel Investment Highlights
Head of Hotels Australia, Gus Moors reports that Q1 2017 recorded an uptick in hotel transaction volumes, increasing 20.9 per cent to total $778 million.
Queenstown leads most buoyant period for hotel sales in a decade
The booming tourist hot spot also notched up the largest single hotel transaction of the last decade, with the 273-room Novotel Lakeside Queenstown changing hands for $91m.
Colliers release New Zealand Hotel Sales Report March 2017
The New Zealand hotel market has in recent times witnessed its most buoyant period of transactional activity since 2005/06 with over $500 million of hotel assets changing hands in 2015/16.
