Top events driving Australian hotel demand - CBRE CBRE’s Regional Director, Hotels Valuation & Advisory Troy Craig noted the outlook of events for Sydney, Melbourne and Brisbane were strong for 2025. Astrategic and diversified calendar of citywide events play a crucial role in driving hotel demand in Australia's hotel markets, new CBRE research shows. CBRE’s Needle Movers: The Top Events Driving Australian Hotel Demand report analysed 15 major sporting, cultural, and business events in Sydney, Melbourne, and Brisbane in 2023/2024 to measure the direct impact on hotel room demand and revenue. Read more on The Hotel Conversation > https://lnkd.in/gfh-_kkU CBRE Troy Craig Michael Simpson Alexia Morelli Tom Gibson Raymond Tran Vasso Zographou Nick Hill Wayne Bunz Hayley Manvell Paul Fraser Northy Chen Taylor Morris Scott Callow Ashley Ferguson Aaron Desange Ryan McGinnity Charlie James #CBRE #HotelmarketAustralia #Hotelnews #cbrehotels #hotelindustry #eventsindustry #hotelrevenue #hotelbookings #hotelowners #hotelbusiness #hotelmangement #travelindustry
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🔥🏨 Deal Update: 29 Hotels Sold 🏨🔥 Very proud to announce our half-year deal update, an incredible performance from the team despite the socio-economic headwinds. The results further cement our position as the pre-eminent advisor in the hotel sector in the UK #hotels #dealupdate #hotelinvestment #hoteldevelopment #dealmakers #commercialproperty #brokerage #advisory
Don’t believe all you read in the news about a general lack of activity... At Colliers, we continue to transact hotels throughout the UK. Our UK Hotels Team has achieved incredible success this year, completing a series of notable hotel deals that highlight our expertise and dedication to excellence in the hospitality sector. Whether you are looking to buy or sell, we are here to help you navigate the market with confidence. Please contact us in absolute confidence to discuss your selling or buying requirements: https://lnkd.in/eHiCiKXk #Colliers #Hotels #Hospitality #RealEstate #Excellence
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Stronger events proposition could boost hotel demand - CBRE New Zealand As Auckland's hotel industry grapples with a surge in room supply and low occupancy rates, new research from CBRE uses examples of events in Australian cities to demonstrate the value an improved forward schedule of major events could provide to hotel business. Peter Hamilton, Director of Hotels and Leisure at CBRE New Zealand, said major events are essential for stimulating Auckland’s economy at a time when growth in visitor numbers is waning as the global economic downturn bites. “Our research figures highlight the significant impact events can have on demand. It's not just about filling hotel rooms, it's about boosting the entire local economy at a critical time when many businesses are suffering the effects of reduced consumer spending.” Said James Doolan, Strategic Director of Hotel Council Aotearoa. Read more on The Hotel Conversation - https://lnkd.in/gjH2wpEe Warren Hutt Qusain Khan MSc, MRICS. Alex Nikolaou Richard Zhao Grant Utteridge Michael Simpson Wayne Bunz Steve Carroll Andrew Stringer Mark Granter Phil Rowland #cbre #cbrenewzealand #hotels #hotel #nzhospitality #hotelindustry #nzrealestate #nzmarket #newzealand #nztourism #nzevents #eventsindustry #nztravel #hotelnews #hotelinvestment
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The below is a concise picture from CBRE of ANZ hotel owners and operators.
CBRE Hotels first annual Australia and New Zealand Top 10 Hotel Owners and Operators report is out now. We’re seeing portfolio expansion continue for top hotel owners and operators, reflecting confidence in the market. Find out more here: https://lnkd.in/g8K9gAMj CBRE Asia Pacific #CBRE #CBREHotels Ally McDade Troy Craig Vasso Zographou Raymond Tran Tom Gibson Alexia Morelli Nick Hill Ashley Ferguson Wayne Bunz Hayley Manvell Paul Fraser Taylor Morris Northy Chen Aaron Desange Ryan McGinnity Scott Callow
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🔔 High-end hotels in vogue ⭐ According to Cushman & Wakefield's latest findings, luxury and upper-upscale hotels are gaining the most attractiveness among investors. ⭐The highest improvement in attractiveness relative to our previous survey was recorded in the upscale hotel class (+20pp), followed by upper-upscale (+19pp). ⭐Overall, the share of investors that consider some hotel classes less attractive compared to 2019 has declined. These findings are based on surveying 60 leading hotel investors, including senior representatives of major private equity firms, funds, REITs and other institutional investors. For more information and summary of the key findings visit our website: https://cushwk.co/3PYQpJz 👈 Subscribe now to receive tailored updates and expert analysis delivered directly to your inbox: https://lnkd.in/ebPWfeEJ 📑 For further information and support with your hotel real estate in Europe, contact our experts Jonathan Hubbard, Le Fichoux Frederic, Ed Fitch, Katell Bourgeois, Bruno Hallé Boix, Albert Grau - MRICS, Gonçalo Garcia, Alessandro Belli, David Nath MRICS, Josef Filser, Borivoj Vokrinek or contact us at HospitalityEMEA@CushWake.com #CWHospitality #CWHotelInvestorCompass #HotelInvestment #HotelRealEstate #Hotels
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At The 26 Co, “Co” stands for many things, including collection. Not only does The 26 Co manage hotel renovation projects, but we also create value by redeveloping select and full-service hotels through renovations and repositioning of hotel assets. Our Collection is focused on acquiring assets in tertiary markets with strong economic prospects and clear value-add components. We specialize in assets where we can leverage our extensive experience to deliver exceptional results. By affiliating with premium brands like Marriott and Hilton, and by employing industry-leading operators, we ensure our hotels achieve outstanding performance and value. Join us in transforming hotels and driving growth through strategic redevelopment and innovation. At The 26 Co, collection means more than just assets—it’s about curating exceptional experiences and delivering unparalleled value to our investors and guests alike. Learn more about our collection at https://lnkd.in/eUhtdSQg #Hotels #Collection #The26Co #HotelInvestment #Redevelopment #ProjectManagement #Hospitality
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🌸 Marriott International accelerates growth across Europe with nearly 100 hotel conversions and adaptive reuse projects expected by the end of 2026. Growth plans across the continent reflect the confidence owners continue have in the company. From the International Hospitality Investment Forum in Berlin, Marriott International, Inc. today announced plans to add nearly 100 properties and over 12,000 rooms to its portfolio in Europe portfolio through hotel conversions and adaptive reuse projects, the conversion of existing buildings into a hotel, by the end of 2026. The anticipated hotels represent more than 40 percent of the company’s European development pipeline expected to open during that period. The robust growth plans are expected to strengthen the company’s footprint across Europe, where it currently has a portfolio of over 800 properties with nearly 150,000 rooms across 25 brands in 47 countries and (...) Read more about this news on Journal des Palaces https://lnkd.in/eZY2EBPk #journaldespalaces #TheHeartofLuxuryHospitality #opening #hotel #project #hotel
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At the Global Revenue Forum main stage, Sarah Duignan showcasing UK Hoteliers the strong performance in 2024. Despite facing challenges from new supply impacting various markets, the UK hospitality sector excelled, particularly attributing growth to rate increases, especially in the higher-end segment. Notably, the UK maintains the largest hotel pipeline in Europe, with nearly 100,000 rooms in development. Looking ahead, Q1 occupancy levels mirror those of the previous year, with luxury hotels slightly surpassing 2024's performance. CoStar Group projections indicate a positive trajectory for Revenue per Available Room (RevPar) over the next few years, foreseeing continued growth, albeit in single-digit percentages. #HospitalityIndustry #UKHotels #RevenueGrowth #GlobalRevenueForum
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🔔 Strong Interest for Resorts & Serviced Apartments ⭐ Resorts & Serviced apartments are by far the most attractive hotel classes for investors, both of particular interest for investors from the MEA region. ⭐Compared to 2022, the percentage of investors considering Urban hotels as more attractive than in 2019 has doubled from 11% to 22% in 2024. ⭐The overall attractiveness of Airport hotels has improved since 2022. The share of investors considering these hotels less attractive declined from 80% to 69%. These findings are based on surveying 60 leading hotel investors, including senior representatives of major private equity firms, funds, REITs and other institutional investors. For more information and summary of the key findings visit our website: https://cushwk.co/3PYQpJz 👈 Subscribe now to receive tailored updates and expert analysis delivered directly to your inbox: https://lnkd.in/ebPWfeEJ 📑 For further information and support with your hotel real estate in Europe, contact our experts Jonathan Hubbard, Le Fichoux Frederic, Ed Fitch, Katell Bourgeois, Bruno Hallé Boix, Albert Grau - MRICS, Gonçalo Garcia, Alessandro Belli, David Nath MRICS, Josef Filser, Borivoj Vokrinek or contact us at HospitalityEMEA@CushWake.com #CWHospitality #CWHotelInvestorCompass #HotelInvestment #HotelRealEstate #Hotels
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Australian trophy hotel, Park Hyatt Melbourne for sale by JLL JLL experts, Peter Harper and Nick MacFie have been appointed to market the prestigious Park Hyatt Melbourne for sale. Peter Harper commented, "The Park Hyatt Melbourne represents a generational investment opportunity in one of Asia Pacific's most dynamic cities. We anticipate significant interest given the hotel's irreplaceable location and attributes, strong reputation, and the continued scarcity of trophy assets of this calibre in the market regionally." Nick MacFie added, "Assets of this significance have historically drawn interest from established investors and new market entrants. Given the weight of global capital currently seeking such investments, this will no doubt be a standout transaction for Australia’s hotel market in 2025.” Read more of The Hotel Conversation - https://lnkd.in/guUzuXvE JLL's Hotels & Hospitality Group Gillian Berardi Tom Gleeson Will Connolly John Musca Kate MacDonald Greg Jeloudev Edward Browne Christian Tsalikis Elyse Balcombe Debbie Farrelly Nicola Raeburn Gareth Closter Gus Moors Andrew Langsford Kate Low Stuart Crow Daniel Kernaghan Nick Thompson Todd Lauchlan #JLLnews #JLLaus #hotelnews #hotelinvestment #hoteliers #hotelindustry #hospitality #tourism #melbre #melbournemarket #melbournerealestate
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Scottish hotels are setting new standards, as highlighted in a Hotel Owner article this week. Edinburgh, in particular, stands out as a top performer in the hotel sector. 🏨 📈 With a remarkable 15% increase in overseas visitors and a 41% rise in spending compared to 2019, Scotland has surpassed the rest of the UK. At Criterion Capital Limited, our ability to anticipate market trends and make strategic investments is validated by these outstanding results. Our recent acquisition of 109-112 Princes Street in Edinburgh, marking the debut of our Zedwell Hotels brand in Scotland, is a testament to our commitment to identifying prime opportunities. Located in the heart of Edinburgh, our new Zedwell hotel will occupy over 116,500 sq ft., offering unparalleled views of Edinburgh Castle and Princes Street Gardens. This prime location, with an average footfall of 300,000 pedestrians per week, ensures that we are positioned to capitalise on Edinburgh's strong tourism sector. Zedwell Hotels' unique sleep-focused concept, featuring noise-reducing "cocoons," perfectly aligns with the needs of today's travellers seeking relaxation amidst the city's vibrant atmosphere. Our investment in this thriving market underscores our dedication to sustainable and strategic growth. Please click here to read the full Hotel Owner article: https://lnkd.in/dNB8ZRkh #CriterionCapital #CriterionHospitality #Zedwell #Scotland #Edinburgh #HotelInvestment #MarketTrends #RealEstate #Hospitality #InvestmentStrategy #SustainableGrowth
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Marit Connell Amanda Hoolihan