Hospitality News & Trends

A $70 million luxury resort built that will be built into the cliffs on the Tasmanian coastline has been given the green light.

China will overtake New Zealand as Australia’s biggest source of international visitors, pumping $13 billion into the economy by 2020, but a global study says local hotels are far from ready. This article originally appeared on theaustralian.com.au/property.

Another towering residential development is a step closer in Melbourne boom suburb Box Hill, with a developer paying almost $50 million for a site with permits in place. Local developer CBD Development Group trumped overseas buyers …

Aggressive Hong Kong developer Golden Horse Group has committed to building a $60 million luxury hotel on the Gold Coast’s Hope Island, signing with Accor over the 150-room property, which will be branded a Swissotel. This article originally appeared on theaustralian.com.au/property.

The owners of Brighton culinary institution The Pantry will open a second eatery just metres away, after leasing a new space. What form the new cafe and restaurant takes at the upmarket bayside Melbourne suburb is yet to …

A redevelopment at Hobart’s Museum of Old and New Art will include a five-star, 172-room hotel that extends out over the River Derwent.

Summer lifestyle properties are all the rage on the commercial property market during the warmer months. But is it the same story at Australia’s ski fields as soon as the snow starts falling?

Singapore-listed developer Wee Hur has created a specific trust to fund and build 5000 student accommodation beds in Australia’s major cities, using its existing Brisbane and Adelaide sites as the first tranche. This article originally appeared on theaustralian.com.au/property.

Singapore’s Ascott group has ploughed $180 million into Quest Apartment Hotels, increasing its stake from 20% to 80%, claiming it is now Australia’s largest serviced residence provider.