The Redcape Group’s full-year distributable earnings in line with the PDS guidance driven by portfolio expansion and enhancement, and like-for-like revenue growth supported by strong food and beverage sales.
Planned Luxury Ritz-Carlton Hotel for Bligh Street, Sydney a step forward
Tourism Accommodation Australia NSW has welcomed news developers of a $750m luxury hotel in the heart of Sydney’s CBD can now submit a State Significant Development application for the project.
The newly opened 97-room boutique-style hotel from the Zagame Group has turned the table on how the industry traditionally approaches “Food and Beverage.”
Veriu Central Hotel sold by Colliers International
Veriu Central Hotel, located at 75 Wentworth Avenue Sydney, has sold for an undisclosed figure on a leaseback basis through Colliers International, on behalf of the Veriu Group.
Hines Property to build Adelaide's first micro-hotel
Leading developer Hines Property has received planning approval to build Adelaide's first micro-hotel, set to feature high quality yet small rooms designed for short-stay visitors and young tourists.
Stunning images shared on social media are a powerful force for travellers and hotels
Social media platforms, especially those that focus on images, have become a powerful force in the travel and hospitality industries - destinations have been launched and restaurants made famous.
Emirates One&Only Wolgan Valley wins international award for sustainable tourism
Tourism Accommodation Australia NSW (TAA), has congratulated its 2019 Hall of Fame recipient, Emirates One&Only Wolgan Valley for winning the 2019 Virtuoso Best of the Best Award for Sustainable Tourism Leadership.
John Douglas appointed Area Director of Finance for Marriott International, ANZP
Marriott International have announced that John Douglas has been appointed Area Director of Finance, Australia, New Zealand and the Pacific, overseeing the financial functions and operations of more than 30 properties in the region.
TAA welcome Premier Berejiklian's stand to review rejection of Ritz Carlton Tower
Tourism Accommodation Australia NSW (TAA) has welcomed moves by Premier Gladys Berejiklian to request an immediate review of the planning rules cited in the rejection of the proposed $500m Ritz-Carlton Tower at Pyrmont.