Influx of Australian business visitors boosts Brisbane tourism
The latest National Visitor Survey from Tourism Australia revealed domestic business visitors in Brisbane climbed a massive 27.5 per cent to a record 1.4 million in the year ending June 2017.
The Star Gold Coast Hotel and Casino offers apartments for sale
The 53-storey hotel and residential tower, to be developed by the Destination Gold Coast Consortium, a joint venture between The Star Entertainment Group, Far East Consortium and Hong Kong-based Chow Tai Fook Enterprises is set to hit the market later this month.
AccorHotels expands in Asia Pacific with Sofitel Wellington, Sofitel Sydney Darling Harbour and Pullman Brisbane Airport
The October 2017 openings in Wellington, Sydney and Brisbane plus new hotels in Kuala Lumpur, Singapore and Shenyang will see the expansion of the Sofitel and Pullman brands, which fall under AccorHotels’ luxury and upscale collection.
Paul Hogan syndicate to pay $21m for Brisbane's Queen's Arms Hotel
A new $100m hotel syndicate, headed up by Nick Politis and Peter Ashelford, is set to pay $21 million for Brisbane's Queen's Arms Hotel, along with former Crocodile Dundee star, Paul Hogan.
The Star Gold Coast's six star tower tops out in preparation for the 2018 Commonwealth Games
The centrepiece of The Star Gold Coast’s $850 million transformation has reached its highest point, with the focus to now turn to the fit-out of the luxury development.
Investor syndicate pays near $13m for Gold Coast management rights
A syndicate of 10 local investors has bought the 363-unit Harbour Quays and 300-unit East Quays management rights portfolio in an off-market deal secured by Resort Brokers Australia for developer Emandar Group.
Mantra Group acquires Art Series Hotel Group for $52.5m
Tim Crooks and Trudy Crooks from Resort Brokers Australia have brokered the acquisition of the Art Series Hotel Group by Mantra Group for $52.5 million.
Management rights of Metro Property’s Newstead Central’s Laguna and St Tropez settled
A Brisbane-based property management duo has agreed to pay a record, unconditional off-the-plan price for the management rights to Metro Property Development’s Newstead Central’s second and third apartment towers, Laguna and St Tropez.
$18 billion worth of infrastructure investments for Brisbane
Reflecting the strength of Brisbane’s hotel market and long-term outlook, investment in the Queensland capital is becoming an increasingly key focus for international buyers.