'Popularity is skyrocketing': Australia's hospitality industry on brink of franchising boom
Australian hotel owners discover the nuances of franchising brands
Australia has lagged joining the global trend toward franchising hotel brands, but now it's on the brink of a franchising boom.
Thailand growing as hotspot of Hilton’s Southeast Asia expansion
Franchising is a growing option in the market
Thailand welcomed 17.5 million foreign visitors during the first half of 2024, according to the country’s Ministry of Tourism & Sports, and hotel firms such as Hilton are taking no...
Australian hoteliers say the country needs to revamp hotels, find new demand
New destinations could appear as major cities reach bursting points
SYDNEY — Nick Hill with CBRE Asia-Pacific did not sugarcoat regional market difficulties while speaking at Hotel Investment Conference Asia Pacific's Australia and New Zealand summ...
Australia’s Tropical Capital Cairns Readies for New Investor Interest
New Hotel Supply Unlikely to Enter North Queensland City
Approximately 1,200 miles north of Sydney lies Cairns, the “gateway” to the Great Barrier Reef and the World Heritage Daintree Wilderness. Cairns is a market that is once again blo...
Hotel Rates Surge for 2024 Paris Olympics
Many Hotel Rooms Haven't Been Made Available for Booking Yet
Average daily rates for Paris hotels during the Summer Olympic Games have been described as “exorbitant,” “colossal” and “hallucinatory.”
CEOs of Minor, Ovolo Hotels Say Dealmaking Requires Leap of Faith, Speed To Close
Firms Take Opportunistic Approach To Growing Portfolios Without Sacrificing Independence
SYDNEY — Dillip Rajakarier, CEO of Minor Hotels, paints himself as a “deal-closer.”
Debt, Development Costs and Operating Risks Weigh Heavily on Hotel Owners in Australia
Analysts, Brokers Highlight Market Stress but Also Signal Optimism
SYDNEY — Market conditions are putting stress on hotel owners and operators in Australia, investment specialists said at the Australia-New Zealand edition of the Hotel Investment C...
Hotel Brand Leaders Acknowledge There Are Some Factors They Can't Control
During Australia Summit, Executives Discuss Development Hurdles, Profitability Margins
SYDNEY — Construction costs, potential data breaches and brand differentiation are among the top concerns of hoteliers in Australia and New Zealand.
Boutique Hotels Set Development Pace in Australia’s Key Capital City Markets
Brisbane Is Australian Boutique Hotel Center in Run-Up to 2032 Olympics
“A travel evolution reinforced by the pandemic” is driving the growth of Australia’s boutique hotel market at just the right time.
Hotel Investors Eye Remote Destinations in Australia, New Zealand and Southeast Asia
Region's High Average Daily Rate, Low Staffing and Operating Costs Are Attractive
Investors are increasingly keen on acquiring hotels in remote destinations across Australia, New Zealand and the South Pacific.
Crown Resorts, Hilton Deals Highlight Investor Confidence in Australia's Hotel Industry
Untapped Potential Down Under but Also Red Tape
There’s a lot of untapped potential in Australia for hotel investment, but also a lot of red tape.
Sydney's Hotels Thrive on Domestic Demand Amid Lack of Inbound Tourism
Sale of Hilton Sydney Among Recent Hotel Transactions in Market
SYDNEY — While Australia waits for a comeback in international tourism, Sydney — the country’s top destination for locals and foreigners — is still performing well, according to ho...
Lagging Occupancies, Staffing Crisis Dominate Australian Hotel Landscape
Owners, Investors Remain Optimistic About Industry's Recovery in Australia, New Zealand
SYDNEY — For hoteliers and investors in Australia and New Zealand, two burning issues are coming to the forefront — lower occupancies and staff shortages.
Sydney Hotels Gear Up for Ambitious Net-Zero Targets
Sustainability Initiatives Expensive in the Short Term but Necessary, Hoteliers Say
In Sydney, hotels both new and old have until 2026 to meet the city’s net-zero target for carbon emissions, but starting next year tougher rules will apply to developments.
Wage Pressures, Operational Costs Undercut French Hotel Industry
Unions And Employers Not Close To Hotel Wage Agreement
Wracked by chronic staffing shortages, the French hotel industry is negotiating pay raises with unions while calling on employers to improve working conditions and help win back di...
Global Brand Debuts Bolster IHG Expansion in Australia
Voco And Now Vignette Collection Choose To Launch Down Under
Despite Australia largely being closed to international tourists for almost two years, IHG Hotels & Resorts has not rested there, with its portfolio blooming in both the country’s ...
Phased Border Reopening, End of Lockdowns Buoy Australia's Hoteliers
Australia and New Zealand Imposed Some of the World’s Strictest COVID-19 Regulations
Australia's plans to combat and minimize risk from the COVID-19 pandemic have kept infection rates relatively low, but the cost to the tourism and hospitality industries has been g...
France's Luxury, Upscale Hotels Lag Behind Budget Segment
Country Prepares to Reopen Hotels on June 9
As the French hotel industry prepares for a June reopening after months of hibernation, hotels in the lower-priced budget segment have survived the crisis better than those at the ...
Buoyed by Quarantine Demand, Australia's Hotel Industry Strives for Normalcy
Travel Bubble with New Zealand Offers Some Hope for International Arrivals
Hoteliers in the region are hopeful the opening of a Trans-Tasman travel bubble between Australia and New Zealand is the first step to reopening international borders, even though ...
Australia Hotels See Hope After Catastrophic Downturn
The reopening of state borders in Australia means gradual recovery from catastrophic losses of leisure and business guests in worst-hit city markets.
REPORT FROM AUSTRALIA—A domestic travel comeback after months of lockdowns and border closures due to COVID-19 means light at the end of a very dark tunnel for Australia’s hotelier...