
- Sep 12, 2018
Hotel Development Abounds
Colliers recently released its annual review of the hotel investment climate in Australia. Read More. The report shows that while transactions have fallen in value from the recent highs, there has been a surge in hotel development, which will continue over the next few years, as domestic and international investors fail to access suitable existing assets. In the year ending June 2018, there were almost 6,500 new rooms, representing over $2 billion of investment. The hotel de