Darwin’s Rydges Palmerston for sale for the first time - CBRE
The Rydges Palmerston Darwin is for sale by prominent Territory businessman John ‘Foxy’ Robinson. CBRE Hotels’ National Director Wayne Bunz and Associate Director Hayley Manvell appointed to manage an International Expressions of Interest campaign.
CBRE advises Aldar on DoubleTree by Hilton Resort transaction in Ras Al Khaimah USD 221 million
Global real estate advisor CBRE has provided valuation and technical due diligence advisory services to Aldar Properties PJSC on the purchase of DoubleTree by Hilton Resort & Spa, Al Marjan Island for USD 221 million (AED 810 million). Ali Manzoor, Head of Hotels & Tourism at CBRE Middle...
Peppers Kings Square in Perth sold $26 million - CBRE
Singapore investment and asset management company High Street Holdings (HSH) has added another Australian hotel to its fast-growing global portfolio with the purchase of Peppers Kings Square in Perth for circa $26 million.
Guests are willing to pay up to a 30% premium for Lifestyle Hotels, says CBRE
When selecting hotels, guests show they would be willing to pay on average a 16% premium for a lifestyle property over a traditional one, with some guests willing to pay up to 30% more, latest CBRE research finds.
One of Australia’s favourite caravan parks sold $27.5m - CBRE
G & R Kratzmann Property Investments has acquired one of the nation’s favourite caravan parks, as demand for regional Queensland leisure assets goes from strength to strength.
Hotel investment appetite strong despite short-term tourism outlook - CBRE
Nearly 90% of hotel-industry participants in Australia and New Zealand are looking to maintain or increase their exposure to the sector, despite a consensus that per-room revenue in some major cities could take three-to-five years to recover to pre-pandemic levels.
Hotel Expert Damian Kelly Joins CBRE National Pubs Team
CBRE Hotels Managing Director Michael Simpson said, Damian Kelly’s intimate knowledge of pub operations and the industry positions him to strengthen both our NSW team and our national platform.
