Gus Moors News Today

Three of Australia’s top hospitality innovators have launched a new venture poised to advance the hotel industry in Australia and New Zealand. Scott Boyes, Tony Ryan and Grant Alchin are combining their hospitality experience to deliver hotel owners and hotel brands an alternative way to run their business, where all parties are playing to their strengths.

Three of Australia’s top hospitality innovators have launched a new venture poised to advance the hotel industry.

The billionaire founders of Computershare and Salta Properties, Chris Morris and Sam Tarascio, are behind the 160-room hotel proposal in Cowes.

JLL bolsters Hotels & Hospitality Group in Japan and Australia.

Gus Moors joins JLL as Managing Director, Head of New South Wales Investment Sales. Based in Sydney, he will be responsible for managing JLLs hotel sales platform in Australias most populated state, managing a team of investment professionals and providing advisory services to domestic and international clients.

The six-level hotel in Surry Hills was built out of cross-laminated timber structure that was prefabricated off site and lowered into place by cranes.

Four Seasons joins a rush of top-end hotel brands, including the Ritz-Carlton, W, and Shangri-La, into Melbourne, with the supply of new hotel rooms nationally expected to peak this year.

Entrepreneur Chandru Tolani is selling down his hotel portfolio, hoping to capitalise on post-pandemic investor optimism.

/ Posted on 25 February, 2021 12:39 Asia-Pacific’s hospitality sector is predicted to take on a V-shaped recovery, with a return to 2019 levels expected in 2023, according to Colliers International’s recently-released Hotel Insights 1Q2021 report. Govinda Singh, executive director, head of hotels & leisure, Asia, commented: “The global economic outlook is expected to improve by 2H2021, with travel to rebound over the next three years to at least pre-Covid-19 levels. We anticipate some cau...

Chinese investor picks up discounted Sydney Radisson Share A Chinese investor has bought the Radisson Hotel and Suites at Sydney’s Darling Harbour for a discounted $38 million in the first major accommodation deal of the year. While build-to-rent groups were among those that showed interest in the 100-room, four-star hotel, it is understood the new owner identified by industry sources only as “Mr Yu” (and with hotel interests in China) intends to keep operating it as a hotel. Offshore inv...