Westin Perth Hotel sold for over $200m - Mark Durran JLL Hotels
In the largest single asset transaction of 2018, and the largest ever in Perth, the brand new Westin Perth has been acquired by Malaysia’s YTL Group in a deal negotiated by JLL Hotels & Hospitality Group’s Managing Director, Mark Durran.
Melbourne suburbs hold the key for hotel investors
Melbourne’s suburbs are catching the eye of hotel investors and developers, as economic growth spreads beyond the city centre in one of the world’s most liveable cities.
Sustainability measures help hotel investors beat spiralling energy costs
Australia’s soaring energy costs are forcing a growing number of hotel owners and operators to look for new ways to drive efficiencies and protect their bottom line.
Hotels step up their online game to encourage direct bookings
Getting guests to book directly on a hotel’s website rather than through an online travel agent (OTA) is a key challenge that hoteliers are gearing up to tackle in 2018.
How hotel brands are cracking the home rental market
With homesharing apps now a firm fixture on the smartphones of many travelers, big name hotel brands are increasingly looking to build their own presence in the home rental market – and are doing it in their own way.
JLL release their global Hotel Investment Outlook 2018 report
JLL's most recent global hotels report comments that the level of fundraising activities is at its highest seen in any cycle, which is expected to translate into significant growth in 2018.
