Tourism commercial property

Hotel investors are focusing their sights on regional leisure assets in a bid to capitalise on the current strength of Australia’s tourism sector.

Queensland’s tropical islands are continuing their renaissance, with an island that once attracted interest from Kim Kardashian and Julia Roberts floated for sale.

A prime beachside development site at Palm Beach on the Gold Coast is on the market for the first time in more than 30 years.

Investors looking for a slice of ‘paradise’ need look no further than Queensland’s Sunshine Coast, with the remaining strata units at the Pacific Paradise Resort up for sale.

Would you like rooms with that? A beachfront resort near Coffs Harbour in northern NSW is up for sale, but the hotel’s 67 strata-titled accommodation villas aren’t included.

Australia’s hotel and tourism markets are the beneficiaries of a boost in overseas travellers making pitstops in our capital cities, according to new research.

Ingenia Communities has tapped institutional shareholders for another $60 million as it pushes the accelerator on an aggressive expansion strategy and adds another four communities to its portfolio. This article originally appeared on theaustralian.com.au/property.

The embattled Port Hinchinbrook Resort and Marina in North Queensland is set to be revitalised and transformed into a $450 million tourism drawcard under ambitious plans by its new owners.

The world’s largest ski operator, Vail Resorts, is working on a master plan for its newly acquired Perisher resort, which could add more accom­modation, snowmaking and ski lifts. This article originally appeared on theaustralian.com.au/property.