STR: Sydney’s hotel industry showed steady occupancy levels in May
Sydney’s hotel industry reported steady occupancy, while room rates fell slightly from the prior month, according to preliminary May 2022 data from STR.
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Horwath HTL Market Report: Australia Quarterly Hotel Market Outlook March 2022
This report by Horwath HTL in Australia provides an outlook for ten key city markets across Australia, assessing the recovery made to date in March 2022 and the outlook for future growth.
Homes & Villas by Marriott International Lands in Australia and New Zealand
Homes & Villas by Marriott International, the Marriott Bonvoy travel program’s curated and growing collection of premium and luxury whole home rentals around the world, today announced its launch in Australia and New Zealand – marking the platform’s entrance in Asia Pacific. The expansion into these new markets adds over 350 premium and luxury homes to the platform in prime leisure destinations, including Sydney, Melbourne, Perth, Brisbane and Orange in Australia, and Auckland and Queenstown in New Zealand – just to name a few.
What can Travel teach us about Green Washing
Today is Travel DAZE and the hot topic of Australia’s most influential forum for the travel industry is: sustainability. How can businesses and brands have a sustainable purpose and learn to thrive again after a global pandemic?
Michael Stamboulidis has been appointed as General Manager at QT Newcastle
Michael Stamboulidis has been named General Manager of the new QT Newcastle, which opens on Thursday.
Accor Introduces The Sebel Twin Towns Coolangatta After $11 Million Upgrade
Accor, the largest hotel operator in Australia, has opened its first The Sebel branded property on the Gold Coast with the opening of The Sebel Twin Towns Coolangatta today.
Brisbane goes voco! The River City welcomes the brand with the launch of voco Brisbane City Centre
Brisbane's newest hotel, voco Brisbane City Centre, has officially opened its doors and welcomed its first guests today. As the first hotel opening for Vista Hospitality Group, the recently formed joint venture between Pro-invest Group and Next Story Group, this vibrant, new inner-city hotel is the first voco to open in the riverside city and the second voco for Queensland.
Sydney hotels led April profitability recovery in Asia Pacific
Among key hotel markets in the Asia Pacific region, Sydney’s gross operating profit per available room (GOPPAR) level came closest to its 2019 comparable, according to STR’s April 2022 P&L data release.
Ascott Acquires First lyf Coliving Property in Sydney Through Its Serviced Residence Global Fund
CapitaLand Investment Limited’s (CLI) wholly owned lodging business unit, The Ascott Limited (Ascott) is acquiring its first lyf-branded coliving property in Sydney, Australia. The acquisition of the freehold asset is made via the Ascott Serviced Residence Global Fund (ASRGF)1, Ascott’s private equity fund with Qatar Investment Authority. This is ASRGF’s third investment in 2022, following the acquisition of Somerset Hangzhou Bay Ningbo and Citadines Canal Amsterdam in March 2022. To date, ASRGF has invested in 12 properties for close to US$500 million. ASRGF has since divested its first property at returns that outperformed its expected underwriting.
Introducing The Porter House Hotel - MGallery
The heritage façade of one of Sydney's most recognisable buildings, Porter House, will become the gateway to the city's sleekest new boutique hotel when The Porter House Hotel - MGallery opens in July.
Australia welcomes its first Holiday Inn Express & Suites hotel as Holiday Inn Express & Suites Sunshine Coast officially opens
Australia's first ever Holiday Inn Express & Suites branded property has officially opened its doors today with the highly anticipated launch of Holiday Inn Express & Suites Sunshine Coast.
David Vandenabeele has been appointed as Sous Chef at The Langham Gold Coast and Jewel Residences
Originally from Belgium, David will bring over 25 years of experience in fine dining and luxury hotels across the world, including Belgium, Australia, London and New York.
Craig Robertson has been appointed as Executive Chef at The Langham Gold Coast and Jewel Residences
Raring and ready to elevate the Gold Coast culinary scene, Robertson will guide The Langham's expert Food and Beverage team in bringing the Langham Hospitality Group's global reputation for luxury culinary experiences to life in the heart of Surfers Paradise.
La Vie Hotels & Resorts acquires iconic, award-winning boutique property, The Islington Hotel, Hobart
La Vie Hotels & Resorts is thrilled to announce the acquisition of The Islington Hotel Hobart, an award-winning five star boutique hotel located in the exclusive enclave of South Hobart.
Marriott Opens First AC Hotel in Australia
Marriott has expanded its portfolio of AC Hotels to Australia with the opening of AC Hotel by Marriott Melbourne Southbank.
The Langham Celebrates a New Wave of Luxury on the Gold Coast
Beaches of the Gold Coast will soon welcome a new wave of luxury as the globally-renowned Langham Hospitality Group announces its much anticipated opening date for the newest Australian luxury resort hotel, The Langham, Gold Coast and Jewel Residences, managed by Langham, opening on 23rd June 2022.
AC Hotels by Marriott® Unveils First Hotel in Australia with the Opening of AC Hotel by Marriott Melbourne Southbank
AC Hotels by Marriott®, the design-led lifestyle brand part of Marriott Bonvoy's portfolio of 30 extraordinary brands, announces its brand debut in Australia with the opening of AC Hotel by Marriott Melbourne Southbank. Located in one of Melbourne's premier events, arts and entertainment precincts, the new hotel features 205 thoughtfully designed guest rooms and suites, signature dining, and an infinity pool and cocktail bar with sweeping views of the city skyline. AC Melbourne Southbank has been expertly refined and crafted to deliver an elegant yet unobtrusive experience, right in the cultural capital of Australia.
Victorian hotel performance road to recovery; Accor calls for investment in events to fast-track tourism revival
Accor, the largest hotel operator in Australia, has recorded growth in occupancy across its network of 66 hotels (10,200 rooms) in Victoria, but its city and suburban properties are still being impacted by delayed recovery in business and meetings travel.
A lyf Less Ordinary: The Ascott Limited Opens lyf in Collingwood, Melbourne
A lyf LESS ORDINARY - The Ascott Limited opens lyf Collingwood Melbourne on May 14, 2022.
STR: Australian Grand Prix drove Melbourne hotel rates to record high in April
Lifted by the Australian Grand Prix, Melbourne’s hotel industry reported its highest monthly room rates on record, according to preliminary April 2022 data from STR.