Canberra, Cairns and Sydney steal the march on interstate hotel rivals
The Nation's Capital has retained its position as the top performing hotel market in the country, swiftly followed by Cairns and Sydney, posting double digit RevPar growth for the first time this decade according to CBRE’s latest Australia Hotels MarketView.
TFE Hotels to Open First Adina Apartment Hotel Grand in Canberra
TFE Hotels will operate a beautiful new Adina Apartment Hotel Grand, Canberra, further expanding the brand’s operation to the Australian Capital Territory.
Clifton Suites on Northbourne changes hands in off-market sale concluded by Mark Durran, Managing Director – Investment Sales, Australasia, JLL Hotels & Hospitality Group.
This proposed new hotel is to be developed together with Malmo Apartments on the corner of Braybrooke Street and Ginninderra Drive, Bruce, Canberra for sale by Alex Smith and Chris Antos of Lang+Simmons