Air New Zealand raises NZD $1.2 billion as it focuses on reconnecting New Zealand with the world
Air New Zealand has announced it has completed its Rights Offer, raising a total of NZ$1.2 billion. Air New Zealand Chair Dame Therese Walsh says this is fantastic news for the airline and New Zealand.
Delayed but welcomed hotels recovery set to hit New Zealand shores says Colliers
The past few months have brought a significant amount of positive news for New Zealand’s hotel sector as it continues on the path to recovery following the Covid-19 pandemic says Dean Humphries, National Director of Hotels at Colliers.
Pub, hotel and tavern depreciation - BMT Quantity Surveyors
The pub sector is a competitive arena. To retain popularity, pubs and taverns will often be made over, restored to former glory or reinvented entirely.
CBRE launches Asia Pacific Hotel Market Outlook – Trends to Watch in 2022
Asia Pacific hotel investment staged a comeback in 2021, growing 46% year-on-year to reach US$12.1 billion. The sector’s steady rebound was underpinned by a growing volume of capital seeking to increase its exposure to the sector, CBRE Asia Pacific Hotel Market Outlook - Trends to Watch in 2022...
Hilton calls for “new normal” in travel to re-establish international mobility at WTTC
Alan Watts, President, Asia Pacific of leading global hospitality company Hilton recently attended the World Travel & Tourism Council (WTTC) Global Summit 2022 held in Manila, the Philippines, from 20-22 April 2022.
Le Meridien Hotels and Resorts launches the “Nouveaux Horizons” campaign across Asia Pacific starring super model Barbara Palvin
“We are delighted to launch the Le Méridien ‘Nouveaux Horizons’ campaign with Barbara Palvin who embodies the brand’s chic, wanderlust lifestyle,” said Jennie Toh, Vice President Brand Marketing and Management, Marriott International Asia Pacific.
Knight Frank Survey reveals strong appetite for Malaysian Hotel investment with 64% of respondents looking to increase their exposure.
James Buckley, Executive Director Capital Markets, Knight Frank Malaysia, says “We do expect to see an increasing number of hotel transactions over the next 24 months.
Oaks Hotels, Resorts & Suites supports Australian arts industry through Gold Partnership with Opera Australia
Oaks Hotels, Resorts & Suites is pleased to announce their Gold Partnership with Australia’s pre-eminent performing arts company, Opera Australia for their 2022 Season.