After 30 years of ownership, Peter Ryan has sold The Rising Sun Hotel in a deal brokered by Ray White Asia Pacific director Andrew Jolliffe, who believes that the national hotel market continues to attract preferential asset class attention from a broad spectrum of investors.
Brisbane’s first luxury hotel openings in 20-years signal market renaissance
The completion of a raft of hotels will redefine the Brisbane market in the next 12 months, with the Emporium Southpoint, Adina George Street, Westin Brisbane, Calile Hotel James Street and Art Series Howard Smith Wharves adding to the city’s first new luxury properties in two decades.
Gold Coast's Watermark Hotel announced as IHG's first Voco Hotel in Australia
IHG has confirmed the first signing in Australia of their new upscale hotel brand, Voco, will be the 388-room Watermark Hotel & Spa Gold Coast, Surfers Paradise - opening late 2018.
Economic stars align to drive growth in Queensland
Record levels of infrastructure investment in the Brisbane CBD and national-leading interstate migration are among the key growth drivers boosting Queensland’s economy to its strongest position in several years.
Friday's opening of the 312-room W Hotel Brisbane marks the brands re-entry into Australia - Delivering an intoxicating mix of fast-paced urban style and modern design; a welcome addition to Brisbane's growing tourism sector.
Operator sought for 6-star $600m Lindeman Island redevelopment
Chinese tycoon William Han has begun an International operator search for Lindeman Island's $600 million redevelopment into an integrated luxury 6-star and 5-star Beach and Eco-Resort set to be completed by 2022.
Wyndham Hotel Group has announced its second TRYP by Wyndham property in Australia – TRYP North Lakes – part of the $250 million, 1.7 hectare Laguna North Lakes development opening in 2021.
North Queensland investment to rise with the Cairns Global Tourism Hub
Investor confidence is growing in the government’s proposal for a Tropical North Global Tourism Hub with multiple national and international firms at the centre of the next phase of consultation, with the Cityport precinct near the expanding Convention Centre being the preferred development site...
Club Hotel Waterford for sale in Brisbane growth corridor
The freehold of Club Hotel Waterford has been listed for sale, providing an opportunity to secure a long-leased investment property in one of Brisbane’s fastest growing corridors.
New $150m QPAC redevelopment to deliver more performing arts in Brisbane
With QPAC now the busiest theatre complex in Australia, the Palaszczuk Government will deliver a new $150 million state of the art theatre for Brisbane on the Playhouse Green site.
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.
