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occupancy growth. occupancy growth this year. Simon Hampton, Partner in RealEstate & Hotels Corporate Finance at PwC UK said: The 2025 outlook for the UK hotel market is cautiously optimistic… Despite global uncertainties, resilience in travel, especially from the US, Europe and Asia, offers encouraging signs.
Prior to our present occupation, one of your two authors here, Larry, ran a hospitality and tourism marketing agency that proudly called Kona Village a client some two decades ago. Beyond the accommodations, Kona Village offers unforgettable experiences that bring generations together and deepen each guest’s connection to Hawai‘i.
I mean, absolutely lofty RevPars, ADRs, and occupancies. So the transaction market’s been quite muted, albeit there’s, according to data and research, around $300 billion of dry powder sitting on the sidelines, specifically geared towards realestate. And it’s more just about accommodating it all in, in a way.
Resortbrokers Managing Director Trudy Crooks, and Broker Kelli Crouch, unpack the hotel realestate landscape in Queensland and the Northern Territory. Going into FY25, ResortBrokers’ market outlook for Queensland is as strong as ever: it remains one of the best places in Australia to buy an accommodation property or business.
After roles at IQ Student Accommodation and Quintain Estates’ student division, she joined Greystar in 2015 and is part of the capital projects team. Olaide Oboh , director, Socius [GS] Realestate is about people, says Oboh, director at Socius. Oliver has overseen the new WaterWalk Gen.
Realestate experts at Colliers claim the future is bright for hotel investment in Australia with traditional property investors eyeing the over AU$2 billion in assets on the market – 75% of which were listed in Q3 2023. Brisbane – the only market in Australia where occupancies are trending higher than 2019 – is another top performer.
Realestate experts from Savills have highlighted opportunity for property developers and accommodation operators in Christchurch as visitation and population growth rise. All this makes the city a place to invest, which is why we are seeing such strong transactions here despite the general national downturn.”
Following the success of Maximum Occupancy New Zealand and successful partnerships in the region, BWH Hotels ramps up its focus on emerging growth opportunities in New Zealand. BWH Hotels is expanding its footprint across the ditch with new development, partnerships and brand growth in New Zealand.
Returning to Adelaide for its third consecutive year, AHICE will explore an extensive range of topics from realestate and hotel development to loyalty, technology and culture with world-class speakers, panel sessions and networking events.
Over two days, hoteliers, realestate experts and took to the stage to share business updates and insights into the local market. Queenstown and Christchurch have outperformed North Island centres, with Auckland experiencing the most significant impact of additional supply and why occupancy is 18% behind 2019.
Inside the majestic mixed-use development, Baccarat Hotel will offer discerning visitors the ultimate in luxury accommodation, reflective of the brand’s craftsmanship and meticulous attention to finer detail. Perfectly placed to harmonise with the Downtown skyline, the iconic Baccarat Hotel will add an impressive presence to the cityscape.
We learned through holding both commercial office as well as hotel realestate during the GFC that there was a big hit on international demand. And we saw that through the four Quest properties that we already have – they tended to perform better from an occupancy level during Covid than some of our hotel product.
On the back of over 90% hotel occupancy and $8.3 Pro-Invest’s Tim Sherlock’s panel of realestate experts shone a light on the always-shifting property sector. The government will work to increase the occupancy rate, “he promised, noting “20,000 extra rooms are coming to SA.” South Australia is the place to be,” she said.
The 50bps is a good thing for commercial realestate, but we are still a couple of years from recovery.” population and commercial realestate, but not older Americans.” “The CMBS will go from low 8s to very high 7s. A bridge will still be SOFR +550, which is still 9-10. Equity (mezz) will still be 14-16%.
A key takeaway was that hospitality is on the radar for investors, given some nervousness for traditional CBD office realestate. Before an excellent lunch, delegates were buoyed by the unveiling of a new logo for Accommodation Australia. Marriott’s Sean Hunt lamented the absence of a strong MICE sector.
Occupancy is up. I would say that over the 12-month period, our occupancy has been up 1.3 The only areas that we’re seeing some difficulty is in our resort properties where climate change is impacting the occupancy and the business levels there. How has this impacted ADR and occupancy? Bob Singh: A great year.
This hospitality realestate conference held in the hotel capital of the U.S. The Lodging Conference is not your traditional hospitality industry realestate investment conference! No Vacancy Hotel & Accommodation Expo Date: September 18 – 19 Location: Sydney, Australia. You will interact with +8.5K
The Sustainable Hospitality Alliance’s members include: Hotel companies Realestate owners Investment funds Technology companies Meet our team at association events across the globe. ABIH represents over 32,000 accommodation providers across Brazil, including hotels, resorts, and other lodging facilities.
The other thing is hospitality realestate is usually expensive realestate. On that side, the realestate owner’s getting exactly the same rent per room per month, as with any other operator. And that’s talking with a realestate owner who is considering using their building as a hotel.
Evaluating SiteMinder reviews enables accommodation providers to determine its suitability for their specific needs and operational requirements, allowing them to invest in solutions that align with their business goals and increase overall efficiency, guest satisfaction, and revenue results. Very user friendly, simple to use.”
Ms Wong Kar Ling, Chief Strategy Officer, Ascott and Managing Director, Southeast Asia Ascott said : “The launch of Citadines Science Park Singapore is a testament to Ascott’s commitment to providing unique accommodation and tailored brand experiences that cater to the evolving needs of our valued guests.
After a topsy-turvy 2022, here are the major hospitality and realestate trends we expect to see in the year ahead, some more unexpected than others. One of the immediate effects of this was to make buying goods or services in Britain – whether that be realestate or a holiday – quite a bit cheaper for some nationalities.
The World Cup will draw more than a million visitors to the Gulf state, which has embarked on a serious building and infrastructure programme to accommodate it. Dubai is in pole position, with demand for accommodation soaring, and will be operating almost 50 shuttle flights every day to Doha, which is less than an hour away by air.
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