Savills reports Australia recorded the second highest transaction volumes across Asia Pacific totalling AU$462.2 million
Australia is perceived to be a low-risk investment market, boosting demand for hotels according to the Research Report produced by Michael Simpson, Raymond Clement and Simon Smith of Savills.
Get to know Frank Sorgiovanni of JLL's Hotels and Hospitality Group
Frank Sorgiovanni, Head of Research Asia Pacific at JLL's Hotels and Hospitality Group based in the Singapore office, gives SCHWARTZWILLIAMS his insights into the Asia Pacific Hotels industry.
CEL makes foray into Australian hotel market with The Sebel Mandurah
Singaporean owned CEL Australia has purchased The Sebel Mandurah – a 4.5 star waterfront hotel in Perth’s southern suburbs – for $15 million, brokered by CBRE Hotels, in conjunction with JLL Hotels and Hospitality Group.