Australia’s hotel sector tipped to benefit from occupancy and room rate growth as inbound tourism recovery gathers momentum
Surging inbound tourism will help boost Australia’s hotel occupancy levels this year and next while spurring room rate growth in most markets, particularly Sydney and Brisbane, according to new CBRE forecasts.
Hilton Expands Presence in North Queensland with the Signing of Hilton Garden Inn Townsville
Hilton announced the signing of the 190 room Hilton Garden Inn Townsville, adding to Hilton Garden Inn’s fast-growing portfolio of 91 hotels operating across Asia Pacific.
Adina Hotels has increased its presence within Hockey Australia’s newest programme, Hookin2Hockey. Australia’s next hockey superstars with Hockeyroo, Greta Hayes.
Adina Hotels Supports Grassroots Hockey with Extended Multi-Year Partnership
TFE Hotels has announced the inking of a two-year extension of their sponsorship agreement with Hockey Australia. It’s an initiative that Hockey Australia CEO, David Pryles, says is vital for the longevity of hockey in Australia.
Hilton showcases prototype for Hilton Garden Inn at AHICE
Hilton’s participation at AHICE APAC, at Adelaide Oval, will showcase the brand’s roadmap for expansion in Australia, leveraging franchised and managed hotel agreement options, and emphasizing robust returns for owners.
CBRE offer The Sands Torquay Resort and Golf course for sale on behalf of Receivers and Managers
The Sands Torquay, a recently refurbished, four-star resort and golf course for sale on behalf of the Receivers and Managers. The Freehold land and buildings along with the business with Vacant Possession for sale by CBRE’s Scott Callow.
Residential land lease community Enclave at Healesville sold by CBRE
A long-standing holiday park and land lease community sold in Victoria’s Healesville. Enclave at Healesville sold for $5,200,000 to an international investor through CBRE agents Marcello Caspani-Muto, Jimmy Tat, Sandro Peluso and Scott Callow.
Toowoomba Motor Village sold for the first time in almost 50 years $8.25m - LJ Hooker Commercial
National tourist park operator Hampshire Property Group has recognised Toowoomba’s appeal as a tourist destination and gateway to Queensland’s interior with the $8.25m purchase of the Toowoomba Motor Village sold through LJ Hooker Commercial agents Chris and Mike Stewart.
Once in a generation as JLL offer Sunseeker Village and Caravan Park Caloundra for sale set on 4.42 ha
The Freehold Going Concern interests in the Sunseeker Village and Caravan Park Caloundra set on 4.42 ha at the southern end of Queensland's magnificent Sunshine Coast for sale by JLL Hotels & Hospitality Group’s Gareth Closter and Mark Walsh.
3 Unique hotels setting new trends in an evolving market
At the annual HICAP ANZ meeting held late in 2023, industry leaders convened to dissect the emerging trends shaping hotel investment and development in Australia and New Zealand.
