ResortBrokers sets Newstead management rights record with over $23.7 million in sales
ResortBrokers Director of New Developments & Hotels Tim Crooks and Brisbane broker Frank Matus have transacted six management rights sales in Newstead, with a combined value of over $23.7 million.
Cairns in the spotlight as TPG Hotels acquires the Pacific Hotel - CBRE
Australian hospitality group TPG Hotels has acquired the freehold interest in the Pacific Hotel Cairns. CBRE Hotels’ Wayne Bunz and Hayley Manvell negotiated the sale on behalf of the Perth-based Pacific Hotels Group.
ResortBrokers settles largest ever regional management rights transaction
ResortBrokers Director Alex Cook and Managing Director Trudy Crooks have settled the largest ever management rights transaction for a regional location with the sale of The Edge Apartment Hotel and Empire Apartment Hotel in Rockhampton.
Formerly the independently operated Pacific Hotel Brisbane, Accor now operates the 179-room Mercure Brisbane Spring Hill under a hotel management agreement announced Accor Pacific Chief Operating Officer PM&E, Adrian Williams.
Independent Collection by EVT sign new hotel management The Inchcolm Brisbane
EVT Hotels & Resorts announces the hotel management of The Inchcolm, Brisbane, effective today. This announcement marks an extension of their partnership with Invictus Developments and further expansion of the Independent Collection by EVT (ICbE).
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.
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.
