Independent hotel operator Abode Group has announced a rebrand, now known as Iconic Hotels - With two more hotels in Canberra’s inner-south and north due for completion and opening by July next year.
SB&G to build new $50m Holiday Inn Express Hotel in Canberra
Melbourne-based property investment firm SB&G Hotel Group has confirmed development plans for a new $50 million hotel on its existing Crowne Plaza Hotel site in Canberra, scheduled to open in 2021.
AccorInvest Australian Hotel Portfolio for sale JLL Hotels
One of Australia’s largest hotel portfolios is for sale by AccorInvest, made up of 23 real estate assets and lease interests located across Sydney, Melbourne, Canberra, Brisbane and Perth, together with several major regional cities.
Canberra’s continued performance as one of the nation’s strongest hotel markets has sparked the sale or lease of a brand new serviced apartment hotel in the suburb of Campbell.
Abode Group has announced their new 180-room hotel, the Abode Braddon, will open in July next year being the seventh property within the Abode Hotels portfolio, securing their position as the largest accommodation provider within the ACT.
Two 27-storey glass towers at 113 and 100 metres tall are the jewels in the crown of Geocon’s Republic mixed-use development which will deliver 541 apartments and a 135-room Abode hotel.
The ACT Government has approved the $1 billion Republic development, the largest mixed-use project ever approved in the national capital, including the city’s tallest and highest building.
$35m Aria Hotel sale caps off strong year for Canberra market
Canberra’s hotel market continues to gain momentum as the nation’s stand out performer, with the sale of the Aria Hotel for $35 million capping off a strong year of sales activity for the nation’s capital.
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.
Emerging 'dark kitchen' trend among food retailers - CBRE
As Australia’s hospitality retailers look towards delivery services to bolster business during the COVID-19 pandemic, CBRE has released a report on the emerging dark kitchen trend feeding Australia’s growing meal delivery economy.
