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News
SA opens up to booming Asian tourist market
AirAsia X will join South Australia’s airline market as the only low-cost long-haul carrier after announcing a direct Kuala Lumpur…
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News
Sofitel embarks on international recruitment campaign
Sofitel Luxury Hotels has launched a new human resources campaign today via a new online platform at Sofitel-jobs.com, for those…
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News
Short term renting will degrade strata values
A recent Victorian Supreme Court decision in favour of a Melbourne apartment owner that operates serviced apartments in a Docklands…
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Developments
Serviced apartments for Melbourne airport
Melbourne Airport will develop a 97-key serviced apartment hotel to meet the growing demand for extended stay accommodation in the…
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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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