Hospitality and related Retail regaining strength - Colliers 2024 Global Investor Outlook
While Luxury resorts are performing strongly amid the resurgence of leisure travel and desire for experiences post pandemic, we expect capital values for the broader Australian hotel market to also remain competitive compared to global peers, said, Karen Wales Head of Hotels, Colliers,...
JLL advises on sale of SH by the square hotel Kyoto Kiyamachi
James Abe, Managing Director, Investment Sales Japan, JLL’s Hotels & Hospitality Group today announced that JLL’s (NYSE:JLL) Hotels & Hospitality Group has advised Kasumigaseki Capital Co., Ltd.’s subsidiary on the successful sale of the SH by the square hotel Kyoto Kiyamachi to an...
Next Hotel Melbourne joins Curio Collection by Hilton as its first property in Victoria’s Capital
Curio Collection by Hilton welcomes Next Hotel Melbourne as the brand’s first Melbourne property in the global portfolio. The whole team is excited for our hotel’s new chapter as we join Curio Collection by Hilton’s prestigious global portfolio that recognises our remarkable Melbourne-style of...
Marriott International expands Australian hotel portfolio with the first Marriott Hotel to open in Adelaide in 2024
Marriott International, Inc. has signed an agreement with Greaton Group to debut the Marriott Hotels brand in South Australia. Adelaide Marriott Hotel is set to open in mid-2024 as part of a redevelopment of the iconic Adelaide General Post Office (GPO) building.
Marriott International second Moxy Hotel Sydney to feature Sydneys highest rooftop bar on level 34
New-build Moxy Sydney Pitt Street expects to feature 314 rooms, located in the heart of Sydney’s CBD at 371 Pitt Street. This signing comes only months following the opening of the landmark 301-room Moxy Sydney Airport, the first hotel for the spirited and experiential brand in Australia.
Mastering Hotel Distribution in a Fragmented Booking Environment
According to Tracy Dong, Principal Industry Consultant at IDeaS, shifts in consumer behaviour coupled with technological advancements have disrupted the hotel distribution landscape.
IHG Hotels & Resorts continues voco’s growth momentum with new signing in Gosford with ALAND
IHG Hotels & Resorts (IHG) announce the signing of the seventh voco in Australasia, partnering with leading Sydney developer ALAND to open voco Gosford in regional New South Wales in early 2025. The brand-new voco Gosford will form part of Archibald by ALAND, a landmark mixed-use development...
Ways to increase cash flow after the peak season - BMT
During this 2023 festive season BMT Tax Depreciation look at ways to ensure that you maximise your tax return on the back of these peak season repairs and maintenance.