"Sydney accommodation market performs well in 2018" - HTL Property
It has been an exciting year for the Sydney accommodation market, heavily spurred on by favourable tourism numbers that translated into a positive 2018 performance, according to HTL Property's latest ‘Spotlight On’ report.
Strong investor demand combined with a lack of stock, very limited supply growth and sustained outperformance have created a perfect storm for Sydney’s five-star hotel market.
Scarcity sees Sydney five-star hotel room values soar Michael Simpson Savills Hotels
The rarer a commodity the higher its price. Strong investor demand combined with a lack of stock, very limited supply growth and sustained outperformance have created a perfect storm for Sydney’s five-star hotel market, according to Savills Hotels.
$150m Four Points by Sheraton hotel Sydney Central Park officially opens
Four Points by Sheraton Sydney, Central Park is the latest addition to the multi-stage A$2 billion Central Park development, a joint venture between Frasers Property Australia and Sekisui House Australia.
New luxury hotel possible with Sydney's Sirius Building for sale
The sale of the Sirius Building in The Rocks has opened the doors for hotel developers to create a new hotel icon in Sydney, with flexible zoning allowing for repositioning of the existing structure or a compete demolition and rebuild.
Second Sydney airport development paves the way for new metropolis
Australia’s largest capital city is in a state of major transformation, with the imminent construction of Sydney’s second airport at Badgery’s Creek paving the way for a new metropolis of three cities that will be home to more than eight million people over the next 40 years.
John Musca of JLL Hotels & Hospitality discusses 2016 in review
JLL Hotels & Hospitality National Director of Investment Sales, John Musca, talks about the $800 million worth of hotels sales across Australia's east coast.