The brand new Vibe Hotel Melbourne, situated at the prominent corner of Queen and Flinders Streets, is in the process of being sold by Caydon to an undisclosed offshore investor in a transaction being brokered by JLL Hotels & Hospitality Group’s Peter Harper and Craig Collins.
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.
ResortBrokers reports more than $20 million in SEQ management rights transactions throughout the past two months
ResortBrokers says there is "rapidly increasing demand" for management rights as operators look to the permanent accommodation market for stable returns during the COVID-19 crisis.
'Safety, security and strong rule of law' to support Australian hotel recovery - CBRE
CBRE's latest report, COVID-19: Implications for Asia Pacific Hotels indicates investors are still in a "wait and see" mode following the pandemic but CBRE Hotels Asia Pacific Executive Director Robert McIntosh believes competition for good assets in the Australian market is...
