JLL advises Universal Enterprises and Marriott International on Maldives hotel portfolio sale - JLL
JLL today announced that it advised on the successful sale of the Sheraton Maldives Full Moon Resort & Spa and the W Maldives to a global private equity investor for an undisclosed sum. The deal represents the first ever hospitality portfolio transaction to have taken place in the Maldives...
IHG Hotels & Resorts launches its premium voco brand in Japan with Osaka signing
voco Osaka Central will be IHG Hotels & Resorts’ sixth hotel in Osaka, complementing InterContinental Osaka, ANA Crowne Plaza Osaka, Holiday Inn & Suites Shin Osaka, Holiday Inn Osaka Namba and Holiday Inn Express Osaka City Centre Midosuji, as well as ANA Crowne Plaza hotels in nearby...
Indonesia’s star-rated hotel occupancies continue to recover - HIS
According to Hotel Investment Strategies CEO and Founder Ross Woods, the monthly occupancy for Indonesia’s star-rated hotels will continue to lag occupancies until April 2023.
Direct online bookings boom as Choice Hotels focus on loyalty
Direct online bookings are booming for Choice Hotels Asia-Pacific properties in the first quarter of 2022, with properties seeing a 13 percent increase on 2021 bookings and a 58 percent boost on pre-pandemic figures.
Accor invites Australians to ‘Activate Flight Mode’ and rediscover Asia
Travel into Asia is now open and Accor, the region’s largest hotel operator, is encouraging Australians to rediscover the irresistible beauty and culture of this vibrant region.
Shareholder and government pressure to drive ESG change at Asia Pacific hotels says JLL
Almost 75% of investors polled by JLL now see ESG factors as critical when deploying capital in the hotel sector says Nihat Ercan, Senior Managing Director, Head of Investment Sales, Asia Pacific, JLL Hotels & Hospitality Group.
InterContinental Hayman Island welcomes new Executive Chef
InterContinental Hayman Island Resort is pleased to announce the appointment of Paul Lewis as Executive Chef, welcoming him back to IHG Hotels & Resorts after previously working as opening Executive Sous Chef at the incredible InterContinental Danang Sun Peninsula Resort in Vietnam.
Singapore mid-market hotel demand to accelerate in 2022 - JLL
Singapore’s mid-market hotel sector will continue to post healthy post-pandemic growth performance, fueled by increased tourist demand and reflected by heightened investment says says Noel Neo, Head of Singapore Mid-Markets, JLL Hotels & Hospitality Group.
CBRE strengthens Retail Capital Markets with Melbourne appointment
CBRE has bolstered its Victorian Retail Capital Markets team with the appointment of Jamie Hess amid growing demand for retail investment opportunities.
New Zealand’s premier Large Format Retail asset for sale - JLL
JLL’s Australian & New Zealand Retail Investment Teams Nick Willis and Sam Hatcher and Auckland based, Jonathan Ogg and Harry Fergusson market the powerhouse Large Format Retail (LFR) Centre, Manukau Supa Centa for sale.
JLL’s Australian & New Zealand Retail Investment Teams Nick Willis and Sam Hatcher and Auckland based, Jonathan Ogg and Harry Fergusson market the powerhouse Large Format Retail (LFR) Centre, Manukau Supa Centa for sale.
The Hunter Valley’s iconic Tower Estate for sale - CBRE
CBRE Hotels’ Tom Gibson and Nick Hill have been appointed to market one of Australia’s most iconic and luxurious wine country escapes, Tower Estate for sale.
Hotel investors still on the lookout amid COVID-19 - CBRE Survey
The Australian hotel industry remains cautiously optimistic about medium-term investor appetite amid the COVID-19 pandemic, according to CBRE Research’s latest Hotel Market Survey.