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The commercial terms of Australian hotel management agreements are more owner-friendly than elsewhere in Asia Pacific

SYDNEY – Last year, JLL (NYSE: JLL) and Baker McKenzie published the Asia Pacific Hotel Management Agreements (HMAs) survey, the most comprehensive study of its kind in Asia Pacific. This data has now been used to prepare a further report devoted specifically to the Australian market and draws from 46 contracts entered into between the beginning of 2018 and the end of 2024. Most interestingly, there is clear evidence that the terms of Australian management agreements are more owner-friendly than elsewhere in Asia Pacific. The major differences as detected by the survey are:

JLL
Australia
Press Release

Trilogy Hotels marks its entry into the NT, inking a major deal to operate three hotels

Building on its strong growth, independent hotel management company Trilogy Hotels, has set its sights on the Darwin market, announcing today a significant partnership with the notable local family-run DCOH Group. This important deal will see Trilogy take charge of 417 rooms across three hotels, including Novotel Darwin CBD, Frontier Hotel Darwin and Smith Hotel Darwin.

Trilogy Hotels
Darwin, Australia
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Lighthouse
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Trilogy Hotels wins first premium hotel operating deal with Panthers Group

Trilogy Hotels and Panthers Group have signed a milestone management agreement where Trilogy Hotels will oversee operations for the five-star Pullman Sydney Penrith. Forming part of a $110m investment from the Panthers Group, the newly-built 153-room Pullman Sydney Penrith opened in August 2023, marking a significant moment for Western Sydney, as Penrith’s first five-star hotel. The hotel has an existing franchise agreement with Accor.Panthers Group is one of Australia’s largest entertainment groups with over 125,000 members across five licensed premises and employs 650 staff. The Group owns the premiership-winning Penrith Panthers NRL Team.

Trilogy Hotels
Sydney, Australia
Press Release

Hong Kong Takes Top Spots in “World’s 50 Best Hotels”

Two of Hong Kong’s hotels have been named the “world’s best.” The Hong Kong Tourism Board (HKTB) congratulates Rosewood Hong Kong and The Upper House for coming second and fourth respectively in the inaugural “2023 World’s 50 Best Hotels.” Rosewood Hong Kong has also been named Asia’s Best Hotel. This makes Hong Kong the only city in the world with two hotels ranked among the top 5 and demonstrates the city's top-tier hospitality experience to the world.

Hong Kong Tourism Board
Hong Kong, Hong Kong (SAR)
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Hospitality Net
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A New Chapter Unfolds: Rosewood Hotels & Resorts Enters New Zealand With The Addition Of Robertson Lodges

With rich landscapes, a multi-layered cultural heritage, and untouched wilderness, New Zealand has captured the imagination of some of the world’s most creative minds. Rosewood Hotels & Resorts ® is embarking on a journey to this iconic destination with Robertson Lodges, a distinguished collection of three resorts, each offering a unique and luxurious escape.

Rosewood Hotel Group
New Zealand