Hotel

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.

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.

Canadian giant Brookfield is advancing the development of Perth’s tallest tower at the gateway of the city’s $2.6 billion Elizabeth Quay precinct, winning council backing for the architecturally striking project. This article originally appeared on theaustralian.com.au/property.

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’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.

An award-winning youth hostel in Collaroy will be replaced in the long-term by a block of luxury apartments and shops.