Hotel investors ride out economy at high end of town as Premium assets redefine market - Colliers
Transaction volumes for Premium hotels increased by 20.9% last year, as investors bet on continued high-performance and resilient pricing, according to Colliers Hotels Investment Review 2023 commented Colliers Head of Hotels Transaction Services Karen Wales.
La Vie Hotels & Resorts appoint Sam Giles General Manager 202 Elizabeth a defining step
According to Jerry Xu, CEO of La Vie Hotels & Resorts, Sam’s appointment is a defining step in building out their boutique hotel offering and capitalising on the growing demand from travellers for a more personalised hotel experience. We have big plans to grow our boutique portfolio across...
Domestic buyers dominate hotel transactional activity in 2023 - Cross-border capital ready to make their moves in 2024 says Savills
Notwithstanding domestic buyers dominating hotel transactions in 2023, Australia remains a preferred destination for international hotel investors particularly from Asia and the Savills Asia Pacific team continues to experience strong levels of interest from investors across the region.” said...
JLL's Hotels & Hospitality Group confirm the sale of Vali Byron Bay in what is the first hotel transaction above $20 million in the tourism mecca since 2019. The transaction was negotiated by Andrew Langsford, Gareth Closter, and Taylor O'Brien of JLL Hotels & Hospitality Group.
TFE Hotels announce the signing of the WMK-designed, Adina Apartment Hotel Chermside Brisbane, set to open in 2025
The signing of Adina Chermside Brisbane is a significant milestone for TFE Hotels, providing an opportunity for us to expand our Adina footprint from two hotels to three in the powerhouse state of Queensland,” says TFE Hotels’ Group Chief Operating Officer, Chris Sedgwick.
Savills Hotels announce the Four Points by Sheraton Melbourne Docklands Hotel sold in a A$96 million off-market transaction
The A$96 million off-market transaction that was brokered through Savills Hotels Mark Durran and Nik Sasic via a confidential off-market international sale process. MA Financial has entered into binding agreements to acquire the hotel from Singapore based company Hiap Hoe Limited’s subsidiary...
Langham Hospitality Group appoints André Jacques as Regional Director of Marketing, Pacific!
André Jacques was previously the longstanding head of Sales and Marketing at The Langham, Melbourne. Reporting directly to Jeffrey van Vorsselen, Regional Vice President of Operations, Pacific, André will now oversee marketing initiatives across the Pacific region, including The Langham...
Oaks Hotels, Resorts & Suites launch new brand partnerships
Oaks Hotels, Resorts & Suites has extended and expanded its award-winning Happy Folks Choose Oaks brand campaign by partnering with The Coffee Club, Menulog and Foxtel to create an in-room experience that puts guests’ happiness – and convenience – front and centre.
Luxury villas in Victoria's spa capital Daylesford for sale - JLL
As the regional Victorian accommodation market looks set to continue its momentum in 2024, the freehold and business of the multi-award-winning Samurai Villas Daylesford for sale presenting a strong opportunity within the nation’s premier spa capital, multi-award-winning Samurai Villas for sale...
Serene Capital and TFE Hotels announce partnership in the ownership of Adina Apartment Hotel Barrack Plaza Perth
TFE Hotels’ Group Chief Operating Officer, Chris Sedgwick, said Adina Barrack Plaza was the third hotel that Serene Capital and TFE Hotels had partnered on in Australia, following the success of Vibe Hotel Perth Subiaco (WA) and Adina Serviced Apartments Canberra Dickson (ACT).
