Australia’s largest hotel operator, has signed partnership renewal agreements for more than 40 hotels, comprising 5,500 keys, across Australia, underscoring the Group’s strong partnerships with some of the country’s most influential hotel owners.
Massive new investment in hotel development
The Australian hotel industry is responding to continued record international visitor growth with a record level of hotel investment Ð over $8 billion Ð that is set to transform AustraliaÕs accommodation and tourism sectors. Figures released today by Tourism Accommodation Australia identify 228 hotel projects (34,702 rooms) under construction.