Cairns in the spotlight as TPG Hotels acquires the Pacific Hotel - CBRE
Australian hospitality group TPG Hotels has acquired the freehold interest in the Pacific Hotel Cairns. CBRE Hotels’ Wayne Bunz and Hayley Manvell negotiated the sale on behalf of the Perth-based Pacific Hotels Group.
Australia’s largest hotel operator, Accor, is taking off with a new breed of hotels that are helping transform airport precincts into dynamic mini-cities.
3 Unique hotels setting new trends in an evolving market
At the annual HICAP ANZ meeting held late in 2023, industry leaders convened to dissect the emerging trends shaping hotel investment and development in Australia and New Zealand.
First Speakers Announced Inaugural Maximum Occupancy West Coast Conference
Today, the inaugural Maximum Occupancy West Coast Conference announced its first speakers. Scheduled for 16 April 2024 at the Crown Perth, the conference will include a cross-section of leaders in the Western Australian accommodation industry, East Coast and abroad.
Choice Hotels Asia-Pac announced its 2023 Gold Award Winners across Australia and New Zealand, celebrating excellence in customer service and exceptional guest experiences at properties from Perth to Mackay, and many places in between.
Marriott International announce two new appointments across key leadership positions within the Australia, New Zealand and Pacific (ANZP) region
Both positions have been appointed to long-time Marriott associates - Kelly Russell has been appointed in a strategic sales leader role as Area Director, Sales & Distribution, and Carsten Siebert has been named Senior Area Director of Operations.
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.
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...
