TAA (Vic) bolsters advisory committee in lead up to intended merger
As the intended merger between Tourism Accommodation Australia and the Accommodation Association continues to gather momentum, TAA (Vic) has added two senior hoteliers to its advisory committee ranks. David Tonkin, Cluster General Manager, Melbourne – Pan Pacific Hotel Group and Sandra Smith,...
Caravan Parks underpinned by large land holdings in demand says Ray White Commercial
Caravan and tourist park assets are often positioned in between travel routes and growing regions and cities, says Ryan Langham and Nathan Huxham from Ray White Commercial Burleigh Group who have listed 5 Caravan Parks for sale in the last few weeks stretching from Dunk Island through to Ballina...
InterContinental Hayman Island announces new secluded adults only Beachfront Pavilions
InterContinental Hayman Island Resort has announced the addition of 12 ultra-luxury Beachfront Pavilion suites to deliver an exclusive “adults-only” experience in the heart of the Whitsundays.
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.
Management Rights’ industry worth $4.8b in Australia, according to groundbreaking report from ResortBrokers
Management Rights contributes a staggering amount to the Australian economy, with $120 billion of accommodation assets under management, according Management Rights’ Report 2022 authored by ResortBrokers Alex Cook, Tim Crooks and Josh Mangleson.
PK’s Jungle Village Cape Tribulation for sale by JLL
Daintree Rainforest PK’s Jungle Village for sale by JLL Hotels & Hospitality’s Senior Vice President Gareth Closter & Vice President Christian Tsalikis.
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.
Castaways Resort & Spa Mission Beach for sale - JLL
Tropical North Queensland travel and investment boom – Value add ocean fronting Castaways Resort & Spa, Mission Beach for sale by JLL Hotel & Hospitality.
