Australia’s hotel sector tipped to benefit from occupancy and room rate growth as inbound tourism recovery gathers momentum
Surging inbound tourism will help boost Australia’s hotel occupancy levels this year and next while spurring room rate growth in most markets, particularly Sydney and Brisbane, according to new CBRE forecasts.
Pullman Cairns International and adjoining retail arcade for sale by CBRE
The Pullman Cairns International for sale by Prime Value’s Shakespeare Property Group. The 5 star Cairns Pullman Hotel for sale through CBRE Hotels Michael Simpson, Wayne Bunz and Hayley Manvell.
Hilton Expands Presence in North Queensland with the Signing of Hilton Garden Inn Townsville
Hilton announced the signing of the 190 room Hilton Garden Inn Townsville, adding to Hilton Garden Inn’s fast-growing portfolio of 91 hotels operating across Asia Pacific.
IHG boosts luxury portfolio in Brisbane with signing of Kimpton in trendy Teneriffe
IHG Hotels & Resorts (IHG) will open its first ever managed luxury hotel in Brisbane, following the signing of an agreement with Kokoda Property to bring the Kimpton® Hotels & Restaurants brand to the trendy suburb of Teneriffe in 2028.
Toowoomba Motor Village sold for the first time in almost 50 years $8.25m - LJ Hooker Commercial
National tourist park operator Hampshire Property Group has recognised Toowoomba’s appeal as a tourist destination and gateway to Queensland’s interior with the $8.25m purchase of the Toowoomba Motor Village sold through LJ Hooker Commercial agents Chris and Mike Stewart.
Charleville’s the Cattle Camp Hotel Motel sold by Savills
One of Charleville’s most-loved venues, the Cattle Camp Hotel Motel, sold amid continued demand for regional Queensland pubs. Savills Head of Hotels, Leon Alaban, steered the on-market transaction for a private seller and buyer.
Private tropical island Victor Island sold by Ray White
Victor Island, one of the very few, privately owned, perpetual leasehold islands located at the southern end of the Whitsundays and Great Barrier Reef Marine Park, sold on April 11 for $2,510,000 by Ray White Agent Michael Willems.
Travel + Leisure Co. Asia Pacific legal, sales and events teams recognised with three Arda Awards
The Asia Pacific division of Travel + Leisure Co., the world’s leading membership and leisure travel company, has been recognised with three wins at the American Resort Development Association (ARDA) awards, considered the most competitive awards in the global industry.
CBRE Hotels has expanded its national hotel platform with the appointment of industry professional Taylor Morris as Senior Negotiator, under the guidance of Wayne Bunz and Hayley Manvell.
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.
