JLL advises on record InterContinental Auckland sale to Singaporean Group
JLL’s (NYSE: JLL) Hotels & Hospitality Group today announced it advised on the NZ$180 million ($103.4 million USD) sale of newly-developed InterContinental Hotel Auckland sold in an off-market transaction that represents the largest single hotel asset sale ever in New Zealand.
JLL appoints Irina Chadsey Vice President Hotel Investment Sales Asia
Based in Singapore, Irina Chadsey JLL Vice President Hotel Investment Sales Asia will be responsible for hotel sales and advisory in the Southeast Asia hotels market, with an initial focus on the Singapore sector.
1834 Hotels announce opening of Kar-Rama Hotel Mildura’s trendiest stay
We look forward to working closely with the owners to drive its long-term success, strengthening the region’s hospitality landscape and providing guests with a seamless and memorable stay, “said Andrew Bullock, Chief Executive Officer at 1834 Hotels.
The Sebel Busselton unveils stunning $6.1 Million resort refurbishment
The Sebel Busselton, an Accor Vacation Club property, has unveiled an extensive $6.1 million refurbishment of the resort’s 59 club apartments, reception, and onsite lounge and pizza cafe.
CBRE: Over 72% of Investors plan to buy more hotel assets in APAC
Rebound in tourist arrivals, particularly in Japan, Singapore and Australia, sparks investor interest in hotel assets. CBRE 2025 Asia Pacific Hotel Investor Intentions Survey.
Regional hotels – the key to a comprehensive property portfolio
Data from Tourism Research Australia reveals a significant boost in domestic tourism with overall spend being up by 24 per cent overnight trips increasing by 10 per cent.
Sonnel Hospitality unveils bold redevelopment plans for four iconic Western Sydney venues
Sonnel Hospitality announces exciting redevelopment plans for four of its key venues: New Victoria Tavern, Crossroads Hotel, Ashfield Hotel, and Ermington Hotel.
Marriott International sets record growth in APEC with 100+ signed deals in 2024
With record annual deals and rooms signings, Marriott International APEC region added over 21,000 rooms to its development pipeline in 2024, driven by strategic conversion and multi-unit agreement strategy.
