Tourism boom to drive record Australian hotel investment in 2016 | afr.com

Australian hotel investment sales are predicted to surge to more than $4 billion in 2016 as the tourism boom brings in new investor groups from the US, UK and Europe to compete with Asian investors for trophy assets and big portfolios. CBRE Hotels director Wayne Bunz​ said he expected another "record year of hotel investment" in 2016 with appetite spreading beyond the top performing Sydney and Melbourne CBD markets to leisure hotel markets...