Management rights market remains strong for premium buildings
One of Australia’s largest, privately-owned accommodation operators has settled on its off-the-plan purchase of the management rights to a major luxury apartment project in inner-city Newstead, Brisbane.
Sunshine Coast Mayor Mark Jamieson (left), Federal Member for Fairfax Ted O’Brien (centre) and John Holland Project Manager Berry Freshney turn the first sod on the Sunshine Coast Airport Expansion, council’s largest infrastructure project.
Sunshine Coast Airport Expansion Project takes off
The first sod has been turned on the construction of the $303 million Sunshine Coast Airport Expansion Project, the Sunshine Coast Council's single largest construction project ever undertaken, delivering a wealth of benefits to the region.
The wait is over for boutique-hotel lovers wondering what award-winning hotel group, Ovolo Hotels, has been keeping up its sleeve following last year’s acquisition of Brisbane’s New Inchcolm Hotel.
The Gold Coast 2018 Commonwealth Games will showcase the very best of the city over the next 11 days, with the latest Tourism Research Australia numbers confirming 13.12 million Gold Coast visitors spent a collective $5.09 billion for the year ending December 2017.
A $583 million redevelopment of the Lindeman Island resort has been given the green light, six years after Chinese tycoon William Han bought the Whitsunday Island after the destruction of Cyclone Yasi in 2011.
Brisbane's Emporium Hotel South Bank set to open in July
Brisbane's new flagship Emporium Hotel South Bank in the $600 million Southpoint development is set to open on 1 July 2018, with bookings for accommodation, conferencing and events now available.
Coral Sea Resort, in one of Australia’s most recognised tourist destinations Airlie Beach, is to be offered for sale for the first time in over 20 years by CBRE Hotels’ agents Paul Fraser and Hayley Manvell.
An entire 10,418sqm city block with mixed-use zoning and no height restrictions in the heart of Surfers Paradise is being offered to the market for the first time in over 40 years through Jonathan O’Brien and Mike Walsh of CBRE and James Branch and Mark Witheriff of Knight Frank.
SB&G Hotel Group has moved closer to its stated target of $1 billion of assets with the acquisition of two Watermark branded hotels in Brisbane and the Gold Coast.
