Regional travel boon to kickstart Australia’s economy - CBRE report
Regional operators are benefiting from the absence of international holidaying, with a significant proportion of the 181 million domestic outbound visitor nights recorded in 2019 being diverted towards local options, according to new data from CBRE.
Tighter yields and limited stock lead pub buyers to broaden their horizons - CBRE Hotels
Pub yields are continuing to tighten across most Australian states as buyers seek out quality assets and value-add opportunities, according to CBRE’s latest Pub Trends report.
Darwin and Gold Coast top hotel performers edging out Cairns, CBRE Hotels MarketView report
Gold Coast and Darwin shone as Australia’s best performing hotel markets over the last 12 months, edging Cairns from the top spot as reported by CBRE’s latest Hotels MarketView report for Q2 2018.
Second Sydney airport development paves the way for new metropolis
Australia’s largest capital city is in a state of major transformation, with the imminent construction of Sydney’s second airport at Badgery’s Creek paving the way for a new metropolis of three cities that will be home to more than eight million people over the next 40 years.
Melbourne's charm pips Sydney as top Australian city for investment
Melbourne has pipped Sydney as the top Australian city for investment in the Asia Pacific region, followed closely by Brisbane - with Tokyo announced as the preferred destination for commercial property investors.
The last half of 2017 saw a flurry of activity in the pub sector which is considered one of the most tightly held in the country, according to CBRE’s H2 2017 Australia Pub Trends report.
Cairns pips Canberra for top spot as hotels market set for stronger year
Cairns has returned to its familiar position as Australia’s best performing hotel market for the fourth consecutive year, following a strong final quarter.
Australia's best and worst performing hotel markets
According to CBRE's latest hotels research, the last quarter of 2017 saw over $400 million worth of hotels transact in Australia, but this was not enough to stop 2017 recording the lowest national sales volumes since 2011.
Get to know Ben Martin-Henry, Research Manager of CBRE
Based in Sydney, Ben Martin-Henry who joined CBRE as Research Manager in January 2016 talks to SCHWARTZWILLIAMS about his experiences and insights regarding the hotels sector.
Lifestyle hotel brands are slowly emerging as the next key growth sector in Australia, as operators look to tap into the next generation of travelers and draw millennials back to the hotel market.
