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Developments
Geocon’s $120m complex gets the nod
The Observatory Living project in the Canberra suburb of Wright has been given the green light by the ACT government.…
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Developments
Another hotel for Melbourne’s Docklands
Digital Harbour (Holdings) has been granted approval for a complex in Melbourne’s Docklands. It will include a 4½-star, 176-room hotel,…
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Industry
Working on the economics of cost cutting
The ongoing battle to successfully curb the continuing rise of costs for essential commodities continues to be the major challenge…
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News
Off-the-plan buyers burnt
Victorian investors that bought off-the-plan Evo apartments in Parkville on the basis of its Royal Park views are now facing…
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News
Hotel revenues surge but profit margin growth lags
Despite historically high occupancy and room rate levels, Australian hotel profit margins have failed to grow in the past five…
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Developments
PIG to build 15 Holiday Inns
InterContinental Hotels has entered into an agreement with Pro Invest Group to build 15 Holiday Inn Express hotels in Australia.…
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Developments
Holiday Inn for Warwick Farm
InterContinental Hotels Group and Oscars Hotels signed a franchise agreement for a 146-room Holiday Inn hotel at Warwick Farm in…
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Developments
Minimum apartment size proposed for Melbourne
The City of Melbourne is considering joining Sydney in adopting a minimum apartment size of 50m². The council is inviting…
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Developments
Conference centre with a difference
Sea World Resort and Water Park on the Gold Coast’s general manager Bikash Randhawa has announced a multi-million-dollar conference centre…
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Developments
Hobart icon sold by receivers
Hobart’s grand old Hadleys Hotel has been bought by the operators of the award-winning Woolstore Apartments, according to The Mercury.…
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