Hospitality Industry News
Australia’s constrained hotel development pipeline has recorded a 673-room increase in projects under construction over the past 10 months, according to new research. The increase was recorded in the Australian and New Zealand Hotel Development Register – June 2013, but the figure is coming off a low base and
Hospitality Industry News
Brookfield Asset Management fund has put five ex-Thakral hotels and associated properties valued at over $600 million on the market, including the prized Sofitel Brisbane. The portfolio comprises more than 1650 rooms and could shake up the domestic hotel market by bring new offshore entrants into the arena. The
Hospitality Industry News
Investment in Australian tourism infrastructure demonstrates strong growth according to a new report from Tourism Research Australia (TRA). The TRA 2013 Tourism Investment Monitor, released today, confirms the Australian tourism investment pipeline is estimated at $44.1 billion in 2012, up 22 per cent on 2011. ?We?ve seen continuing
Hospitality Industry News
?Work hard, play hard? hotels for the new ?bleisure? traveller. Accor has unveiled new positioning for its upscale Pullman brand as the network undergoes accelerated expansion. With a new logo, an active commitment to design and art, and improved technology, Pullman?s new attitude is summarised by the term ?bleisure?
Hospitality Industry News
Hilton Worldwide has launched its Doubletree brand in Australia, as well as adding its ninth Hilton Hotels property in the country. The rebranded hotels are all located in Australia’s fast-growing Northern Territory, with two Doubletree properties and a Hilton hotel being located in the state’s capital Darwin,
Hospitality Industry News
A futuristic design featuring a white veil of sculptured glass rising up to 250m above Sydney Harbour has won James Packer’s global competition to create his dream casino resort at Barangaroo. British architects Wilkinson Eyre will today be awarded the prestigious assignment of designing what Mr Packer expects will
Hospitality Industry News
TREND ANALYSIS REPORT By Dr. Bjorn Hanson, Divisional Dean Preston Robert Tisch Center for Hospitality, Tourism, and Sports Management NYU School of Continuing and Professional Studies (NYU-SCPS) August 15, 2012 Following the record $1.85 billion amount collected in 2011, total fees and surcharges collected by U.S. hotels
Hospitality Industry News
Hilton International plans to boost its Asia Pacific portfolio from the current 42 properties to 60 within the next three years. The group’s long-term goal is to have a flagship property in every major city, and a Hilton Worldwide Resort in every key holiday destination, according to VP
Hospitality Industry News
Clement Kwok, MD of Hongkong and Shanghai Hotels ? parent company of The Peninsula Hotels ? discusses his strategy in edited highlights* of an interview with Steve Shellum. Steve Shellum: Hongkong and Shanghai Hotels is a hotel owner and, via The Peninsula Hotels, an operator. ?Are you interested in branching out into