Launceston’s iconic new hotel Peppers Silo has opened its doors, transforming the unused Kings Wharf grain silos into a state-of-the-art contemporary new $25 million, 108-room hotel.
Following a highly publicised international marketing campaign launched late last year, Bondi’s iconic Level 3 Icebergs has been sold by John Singleton to the O’Brien Group, Australia’s largest privately-owned hospitality, entertainment and leisure company.
Minor Hotels acquires further 25.2% of Spain's NH Hotel Group for EUR 619m
Minor International announced today that it has reached an agreement with HNA Group to purchase an equity stake of 25.2% in the Madrid based NH Hotel Group in a two-tranche transaction valued at EUR 619 million.
Sheraton, Westin and Denarau Fiji hotel resorts sold for $280m
The Sheraton Fiji Resort, The Westin Denarau Island Resort & Spa and the Denarau Golf & Racquet Club have sold for FJD $280m (AUD $179m) to the Fiji National Provident Fund (FNPF) in a deal brokered by Rob Cross of CBRE Hotels.
New Cradle Mountain tourism development a step closer
The Tasmanian Government has begun its search for a suitable partner(s) to develop a new iconic tourism experience at the Cradle Mountain Gateway Precinct, located on the edge of the Tasmanian World Heritage Area.
Australia’s largest contemporary art gallery coming to Melbourne
Melbourne will become home to Australia’s largest contemporary art gallery as part of a once-in-a-generation transformation of the arts precinct, set to be built on the site of the Carlton & United Breweries Building on Southbank Boulevard.
Tourism Australia showcase regional investment opportunities
With international visitor spend growing a further 6 per cent in the last year to reach $41.3 billion, and 43 cents of every tourism dollar being spent in our regions, investment opportunities in Australia’s regional tourism destinations have been showcased by Tourism Australia and Austrade. ...
The Accommodation Association of Australia has written to all NSW state Liberal Party and National Party members of Parliament ahead of key policy decisions which will soon be made on the future regulation of Airbnb in NSW.
Marriott International announces vision for Sheraton transformation
Marriott International has announced its transformation vision for Sheraton Hotels and Resorts, the third largest brand in its portfolio which generates $9.2 billion in property revenue globally and currently consists of nearly 450 open hotels.
Tourism Minister Kelvin Davis has welcomed new forecasts showing international visitor spending is expected to grow 40 per cent to $14.8 billion a year by 2024.
