A rare opportunity to acquire a premium site earmarked for eco-tourism resort development 6km east of the Twelve Apostles is expected to attract wide-ranging interest.
An unpredictable market with silver linings: hotel performance in 2024
Rising costs, changing booking trends, good leaders, and even the weather…are just some of the things that have influenced the performance of hotels so far this year. So what are hoteliers doing to remain competitive in this climate, and what opportunities and challenges are they facing in the road ahead?
Hilton Adelaide hits the market
One of Adelaide’s most famous luxury hotels, the Hilton Adelaide, has been listed for sale for the first time in more than 30 years by private local owners, 233 Victoria Square Hotel Pty Ltd.
HotelREZ outpaces market at 52% growth
HotelREZ Hotels & Resorts, one of the world’s leading hotel representation companies, has outpaced the market with 52% revenue growth with reservations up by over 42% in the past 12-months.
Australia’s best upscale hotel to hit the market
Melbourne’s award-winning Quincy Hotel, on the iconic Flinders Lane, has been listed for sale by international hotel owner InterGlobe Enterprises.
