Tourism commercial property

Sydney hotels are going up for sale as owners bet that investors want an exposure to rising tourism.

The much-loved holiday destination is on the way back with big developers chasing projects for a new wave of tourists, 45 per cent of whom are Australian travellers.

One of Kangaroo Island’s most popular tourist destinations will be changing hands this year with the Howard family selling up Dudley Wines for a cool $6m+.

The property group has put a call-out to investors to partner on its $200m new hotel in Sydney’s Chinatown, just months before construction is set to begin on the 17-storey project.

A prominent resort in a former coal mining town, dubbed the outback Hollywood, has put up the for sale sign only four years after hosting crews for three major blockbuster productions.

Work has started on one of Sydney’s tallest rooftop bars at the Marriott’s new 34-storey Moxy Hotel in the Koreatown area on Pitt St.

Sydney’s latest heavily-hyped tourist attraction has been labelled everything from risky to a gamechanger, ahead of it’s much-watched launch next week.

The heavy rainfall that has battered NSW for the last few weeks has also taken its toll on Sunrise star Edwina Bartholomew’s heritage-listed renovation project. “We have had a lot of storms in the area …

London Court in Perth’s CBD is the Tudor-style arcade that is reminiscent of the famous shopping district of Diagon Alley in Harry Potter and currently has space available for commercial leases.  The court was built …