StayWell Hospitality Group joins leading Japan hotel group Prince Hotels
The A$50 million acquisition will add the 30 hotels operated and developed by Staywell Hospitalty Group in 7 countries to the existing Prince Hotels network which serves as the core of the Seibu Group's hotel and leisure businesses.
Hotel investment dominated by Australia and Hong Kong during first half of 2017
Gateway cities provide positive long-term tourism fundamentals, but investors are considering alternative investment in key emerging tourism markets, according to real estate consultancy group JLL in their latest Hotel Investment Highlights Asia Pacific - H1 2017 report.
One of Fiji's largest freehold land holdings for sale
Knight Frank brokers Rick Kermode and Allen Beagley offer for sale Tikina-i-ra, totalling 9,822 acres with 25 km of coastline situated on Fiji’s second largest island, Vanua Levu.
Mandarin Oriental to open luxury hotel and residences in Melbourne
Mandarin Oriental Hotel Group has signed a management contract for a new luxury hotel and branded residences in Melbourne, Australia. The project, designed by award-winning architect, Dame Zaha Hadid and to be developed by Landream, is expected to open in 2023.