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Construction underway on 97-key Nu By Yoo hotel in Melbourne

Hotel Management

Construction is underway on DCF Property Group’s $180 million First Light development in Melbourne’s Domain Precinct, which will be home to branded residences and the first Nu By Yoo hotel in Australia. The post Construction underway on 97-key Nu By Yoo hotel in Melbourne appeared first on Hotel Management.

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U.S. hotel construction pipeline hits 749K rooms at Q1 2025 close

Hotel Business

Hotel Construction Pipeline Trend Report, the total pipeline has expanded to 6,376 projects encompassing 749,561 rooms—representing a 5% increase in projects and 7% growth in rooms compared to Q1 2024. lodging market. According to Lodging Econometrics’ (LE) Q1 2025 U.S. The expansion of the U.S.

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Exclusive: hotel market expansion to peak in next 12 months, says CBRE

Hotel Management

As part of HM’s 2023-24 Development Outlook, CBRE Hotels Managing Director – Capital Markets, Michael Simpson, and Pacific Head of Hotels Research, Ally McDade, discuss the challenges and opportunities that lie ahead in the Australian hotel market. Melbourne is the primary recipient of new room supply (35% of total).

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Exclusive: mixed-use developments driving results for TFE Hotels

Hotel Management

Owners are seeing the value in mixed-use developments in maximising returns, and dual-branded developments in delivering greater operational efficiencies, writes TFE Hotels Director of Development, John Sutcliffe.

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Marriott International to acquire CitizenM for US$355 million

Hotel Management

There are currently three CitizenM hotels under-construction hotels, totalling over 600 rooms, that are anticipated to open by mid-2026. We will continue to own our real estate and operate all our hotels. This relationship will allow us to work together to maximize returns.

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Exclusive: Radisson Hotel Group revs up on development and technology

Hotel Management

Full-scale construction has commenced on the development of Radisson Blu Mirage Resort Fiji, scheduled to open in 2026, with the project now funded by both the Fiji National Provident Fund (FNPF) and BSP Financial Group (Fiji) Pte Limited (BSP). The app became the 5th most downloaded hospitality app in 2025.

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Crystalbrook to enter fast-growing Adelaide market with $130 million new-build hotel

Hotel Management

Crystalbrook Collection is set to expand into the South Australia market following the signing of a AU$130 million new-build hotel in Adelaide’s CBD with local property developer, Samaras Group. Crystalbrook Collection has invested in excess of $1bn in Australia where we operate close to 2,000 rooms, including those under development.

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