"Sydney's high occupancy levels illustrative of strong underlying demand" - Knight Frank
According to leading hotel researcher STR Global, Sydney hotels currently enjoy occupancy of over 85%, the highest out of all major cities in Australia. This has largely been underpinned by strong demand for quality accommodation from tourists and business travellers.
Are Boutique Hotels Becoming Mainstream? - CBRE Hotels report
Lifestyle branded hotels are becoming more mainstream and increasingly accounting for a larger share of the hotel universe, with several big hotel operators launching or purchasing their own boutique hotel brands over the past five years.
"Australia’s investment-grade hotel rooms now worth $56 billion" - Colliers International
Australia’s booming hotel market now comprises around 145,000 ‘investment grade’ rooms worth an estimated $56billion, according to new Colliers International research.
"Queensland hotel market having its time in sun" - iProsperity Hotel Research Report
Figures released in iPG’s Half Yearly Report 2018 have revealed high levels of confidence in the Queensland hotel market with a significant amount of transaction activity recorded in the second half of 2018.
Gold Coast shines as Australia's top hotel market for 2018 - CBRE Hotels report
According to CBRE’s Q4, 2018 Hotel MarketView report, the Gold Coast continues to ride a wave of growth following the 2018 Commonwealth Games, with the coastal city emerging as Australia’s best performing hotel market over the past 12 months.
The Global Wellness Institute (GWI) estimates wellness tourism is a $639 billion global market, growing twice as fast as general tourism, with Australia in the top five wellness tourism markets in the Asia Pacific.
Sustainability measures help hotel investors beat spiralling energy costs
Australia’s soaring energy costs are forcing a growing number of hotel owners and operators to look for new ways to drive efficiencies and protect their bottom line.
Hotels digitise in wake of the ‘new’ customer - CBRE Hotels CheckIn Report
The key outtake from CBRE Hotel’s annual CheckIn report is the emergence of a ‘new’ hotel customer which is forcing hotel operators to change their business models, with many adopting new technologies to meet the growing demand for convenient and engaging experiences.
‘Hotels of the Future’ changing Australia’s hotel industry today
A new Tourism Accommodation Australia research report released today highlights the dramatic expansion and transformation of Australia’s hotel industry, with a new generation of hotels being developed to cater for a new era of travel.
