Australian hotel bookings increase as supply headwinds loom - Colliers International
A new report from Colliers has found Australia’s hotel booking volumes increased throughout October, with further growth predicted as the country heads into the peak summer season, offsetting a slew of new rooms which are now anticipated to open over the next six months.
Australian hotels 'on the road to recovery' - Colliers International
A spike in domestic bookings for Far North Queensland coupled with the July school holidays means Australia's tourism market is "well-placed" to recover from the effects of COVID-19, Colliers International says.
'Revenge spending' to assist with Australian hotel recovery - Colliers International
Colliers International's Karen Wales, Gus Moors and Nigel Greenaway have outlined the areas hotel operators need to focus on as they welcome back guests following the easing of travel restrictions.
Canberra and Brisbane will lead recovery of Australian hotel sector - Colliers survey
Colliers International has launched their inaugural Australian Hotel Investor Sentiment survey in response to the COVID-19 health pandemic, with the results showing investors expect Canberra and Brisbane to lead the sector's recovery.
Colliers International Australia's Hotel Sales 2017 report released today found that new hotel development deals amounted to $394 million – almost a quarter of the total sales volume in 2017.
Brisbane’s 4 star Hotel Urban, an 11-storey boutique hotel opposite the Roma Street Parkland is for sale, attracting a high level of interest given Brisbane's current level of infrastructure investment.