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Star Hotels snaps up Rydges Gold Coast Airport amid ongoing terminal upgrade

Hotel Management

The sale, for an undisclosed amount, follows an exclusive off-market, invitation-only campaign. The airport hotel represents Star Group’s second hospitality investment on the Gold Coast and adds to its expanding portfolio, which includes 50 licensed venues, over 115 retail liquor outlets, and six accommodation venues across Queensland.

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JLL projecting 25 per cent jump in global hotel investment volume

Hotel Management

As we consider the transaction market in 2025, we expect to see a re-emergence of two key contributors to overall volume, portfolio transactions and urban full-service hotel sales, he said. This shift is driving expansion into branded residences and alternative accommodations as hotels capitalize on the growing Experience Economy.

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Mastering Hotel Sales Proposals: 10 Best Practices for Success

Amadeus Hospitality

Recent surveys highlight 47% of planners prioritize venues that can accommodate adjustments when selecting a venue. Explore the Latest Trends in Hotel Sales Interested in exploring the latest trends and strategies in hotel sales and event management , based upon insights from industry experts?

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Australian travellers drive RevPAR increase across The Tasman, Howarth HTL reports

Hotel Management

A 23% decline in domestic room nights sold was offset by a 20% surge in sales to international guests, notably those arriving from Australia and the United States, reflecting a marked shift to a higher-yielding visitor mix. The month also benefitted from higher yielding group business and the presence of film crews.

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Pacific Hotels sells Coral Cay Mackay to Queensland hotel group

Hotel Management

The sale, which was negotiated by CBRE Hotels’ Wayne Bunz and Hayley Manvell, drew the interest of owner operators, hotel investment funds and high net worth individuals, according to CBRE. The hotel was recently refurbished, offers future operational and branding flexibility and was a strong yielding investment opportunity.”

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NSW hoteliers buoyed by AA market outlook

Hotel Management

More than 120 hoteliers from New South Wales hotels were in attendance for the recent Accommodation Australia NSW Hotel Market and Economic Outlook Update at Hilton Sydney.

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Maximising Hotel Profits Beyond Rooms

Hotel Management

From F&B and wellness to unique experiences and retail, discover four key strategies to maximise earnings beyond room sales. Income creatively generated from unique products and services can provide a significant supplement to traditional room sales – without the big price tag of infrastructure investment.