Asia Pacific hotels industry attracts US$8.5 billion of investment in 2021 - JLL
Asia Pacific’s hotel market recorded a sharp investment rebound in 2021, but levels still remain below pre-pandemic levels as the industry recovery continues.
Demand for upmarket resorts on the Sunshine Coast is going ballistic, with ResortBrokers settling $12.5 million worth of sales in one day alone in February and listing another $12.2 million in one week says ResortBrokers Director Alex Cook.
Demand for upmarket resorts on the Sunshine Coast is going ballistic, with ResortBrokers settling $12.5 million worth of sales in one day alone in February and listing another $12.2 million in one week says ResortBrokers Director Alex Cook.
Following a record year of hotel sales in New Zealand, the industry is set to take another step forward after the recent government announcement signalling a gradual reopening of the border in 2022, according to the latest Hotel Market Snapshot Report from Colliers.
5 ways consumer behaviours have changed & how hotels can adapt
Let’s explore how hospitality & travel consumer behaviours have changed since the start of the pandemic and lay out some of the steps your hotel can take now to adapt to the new landscape.
Voucher program much needed boost for hotels - TAA
Tourism Accommodation Australia NSW CEO Michael Johnson has welcomed the NSW Government’s plan to bring forward the start date of the much-needed accommodation voucher program.
TFE Hotels has cemented its positioning of A by Adina as a premium brand with the release of a new high-end marketing campaign designed to evoke an emotional connection with guests.
The Casual Worker Talent Crunch Facing The Hotel Sector
Casual workers are central to the economic recovery of Australian hotels following the pandemic. Mr Bruce Mackenzie, Founder & Managing Director at Humanforce writes as the economy reopens and hotel occupancy levels rise again, hotels and hospitality businesses are faced with new...
Included in the $400 million of hotel sales this year are a number of high-profile assets, including the five-star Sofitel Queenstown, 280 room Rydges Wellington, and the recently completed luxury lifestyle hotel QT Auckland.
Record year of hotel transactions in New Zealand despite pandemic says Colliers
New Zealand has recorded the highest level of hotel transactions on record in 2021. Dean Humphries, National Director of Hotels for Colliers, says in the calendar year ending 31 December in excess of $400 million of hotel deals will have settled, representing a staggering 33 per cent increase on...
Opportunities emerging in Hong Kong’s hotel sector Colliers report
Shaman Chellaram Senior Director Valuation & Advisory Services Asia, releases report exploring trends and opportunities in Hong Kong’s hotel environment that has 315 hotels with 86,967 keys.