Far North Queensland’s hotel sector continues to boom with the world-renowned Fitzroy Island Resort for sale, opening the door for a possible JV with the owner to redevelop and expand the existing resort.
Australia and New Zealand hotel market records $2 billion in transactions over the 2016/17 financial year
According to Ray White's latest Commercial Research, the Australian and New Zealand hotel markets have overall had some impressive results over the last few years, with the bulk of high profile sales completed in Melbourne and Sydney.
