Management rights industry now estimated at $8B says ResortBrokers Research
Australia’s management rights sector is worth an estimated $8 billion, $3.2 billion more than originally thought, according to ResortBrokers Research’s recently released annual industry report.
Quest celebrates 35 years by investing in accessibility
November officially marks 35 years of Quest Apartment Hotels in Australia, and the leading serviced apartment brand continues working to ensure every guest has a home away from home experience at Quest.
Torrens University and TFE Hotels Nurture Future Hotel Leaders
In an alliance designed to retain and nurture top talent in hospitality, Torrens University Australia, and long-time partner, TFE Hotels, have launched a custom short-course portal, giving TFE team members the ability to earn micro-qualifications as they complete their university coursework.
What Australian Hoteliers need to know about upselling ahead of the Summer Peak Season
According to Tracy Dong, Principal Industry Consultant at IDeaS, upselling is no longer a simple sales strategy in the hotel sector. It's a sophisticated blend of data analytics, technology, and human interaction that aims to offer guests an enhanced experience while maximising revenue for...
International surge on Perth tourism assets - Cygnet West
Hotel and tourism-related assets are in hot demand in Perth – but despite strong offers flowing from offshore sources, owners in the tightly-held market are not necessarily willing to sell.
L to R: Mark Durran, Managing Director, Hotel Capital Markets at Savills, Nick Lower, Savills’ State Director, Hotels and Max Cooper, Director, Hotels at Savills Australia and New Zealand
Brisbane, Sydney and Perth lead hotel market growth, taking RevPAR to new levels - Savills
Australian hotel markets are continuing to go from strength to strength, with Brisbane, Sydney and Perth leading the charge in nationwide RevPAR growth, according to new data released today from Savills Australia and New Zealand.
Asia Pacific Hotels & Hospitality Market Poised for Strong Growth as Tourist Return Approaches Full Recovery by 2024: CBRE
Institutional investors are attracted to prime hotel assets in tier 1 markets across Asia Pacific, even though tourist arrivals in key destinations are only reaching 70-80% of pre-pandemic levels, according to the latest CBRE research.
Strengthening hotel market opens opportunities for converting office buildings to hotels - JLL
JLL Hotels & Hospitality, in collaboration with its Capital Markets and Work Dynamics teams, explores the case for office conversion to hotels and the factors to consider when reviewing a building conversion.
Innovating sustainability in Asia Pacific's hotels through hotel management agreements - JLL
Hotel developers, investors, operators and governments across the Asia Pacific are focusing on adopting sustainability practices into hospitality. However to keep pace with the Paris Agreement's targets, the hotel industry needs to reduce carbon emissions by 66 percent per room by 2030.