Ascott group is to add to Sydney’s growing number of hotel rooms with the $100 million revamp of its Haymarket site and the expansion of the Quest business into regional Victoria.
Swifties fever has sent hotel rooms to their busiest level since the 2000 Olympic Games in Sydney,and more than tripled the level of visitors to Melbourne during the Melbourne Cup carnival and AFL grand final seasons.
South Perth and the City of Belmont are some of the first local governments in WA to consider policies on short-stay rentals.
As tourism makes a “phenomenal” recovery worldwide,hotel owners are pumping their cash into spruced-up rooms aimed at high-spending guests.
Sydney developer ALAND has joined IHG Hotels&Resorts to open a new premium hotel as part of its $375 million apartment project.
The transformation focuses on sustainability and creating less waste.
Office assets continue to be hit hard with buyers and sellers unable to reach any agreement in pricing,but that was partially offset by a rise in demand for hotel properties and the booming healthcare sector.
The hotel proposal is part of a bid to transform the racecourse into a seven-day-a-week entertainment precinct.
Sandwiched between Derby Day and Cup Day,it is clear the first Monday in November is being treated by many people as a “bridge” day.
The glittering opening of the new $1 billion W Hotel in Sydney’s Darling Harbour signals to operators what offerings are needed to entice guests that want an “experience holiday”.
Sydney’s heritage sandstone buildings precinct in the heart of the city is undergoing the final stage of redevelopment.