Hotel

Hotel news, industry deals and market insights.

Inspiration & Style
PICTURES: Tasmania’s incredible clifftop resort given go-ahead
A $70 million luxury resort built that will be built into the cliffs on the Tasmanian coastline has been given the green light.
News
Hotels told to lift game for Chinese tourists
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.
News
Towering ambition for $50m Box Hill site
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 …
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Hong Kong developer to build luxury Swissotel hotel on Gold Coast
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.
Inspiration & Style
HoMo: Plans for stunning five-star MONA hotel revealed
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.
News
Council gives green light for Perth Plus tower
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.
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There’s no business like a snow business
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?
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Singapore group ploughs $180m into Quest Apartments
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.
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Sydney’s former ‘best budget accom’ sells for $14m
An award-winning youth hostel in Collaroy will be replaced in the long-term by a block of luxury apartments and shops.
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