St. Regis Hotels to join Hong Kong’s skyline early 2019
St. Regis Hotels & Resorts has announced a collaboration with China Resources Property which is slated to bring the legendary St. Regis brand to Hong Kong by early 2019.
Australia records second highest hotel transaction volume in Asia Q3 2017
The total APAC hotel investment volume surged in Q3/2017 to US$4.77 billion, making this quarter the most active in 2017 so far, with Australia recording the second-highest transaction volumes with AU$496.4 million according to Savills November 2017 Hotel Research.
JV announced for new $600 million 85 Spring Street hotel development
Property developer, Golden Age Group and Starwood Capital Group, a global private investment firm, have announced a joint venture to manage the hotel component of Golden Age’s new $600 million mixed-use development in Melbourne’s CBD.
InterContinental Hotels Group (IHG) will open the 453-room Crowne Plaza Fiji Wailoaloa Beach, the largest ever hotel in Fiji marking the debut of the brand in the heart of the South Pacific, 10 minutes from Nadi International Airport.
Expansion continues for Mantra Group with new hotel opening in 2018
Mantra Group has secured the management agreement to operate Mantra on City Road, a landmark new-build 46 storey hotel in the heart of Southbank in Melbourne.
The Luxury Collection announces first hotel in Tasmania
Scheduled to open in 2018, The Tasman, a restored luxury hotel will be located in Hobart's Parliament Square, the heart of Australia’s island state capital.
