Colliers International Hotels team have put together a series of articles to help the hotel and tourism industry chart the course to recovery, as one of the sectors most acutely impacted by social distancing measures introduced in response to COVID-19.
These articles will be released on a monthly basis.
For more insights, please click one of the articles below to read more:
- Relayering the cost base to meet nascent demand
- Temporary hotel closures & the road to recovery
- Australian Hotel Performance Dashboard_JUNE
- Hotel Owners - where should you be now?
- The winners and losers as revenge spending takes hold and Australian travellers are encouraged to dream
- Australian Hotel Market Performance Dashboard_MAY
Colliers investor sentiment survey was launched in April 2020 and seeks to identify future trends in the Australian hotel and tourism sector to assist with charting the course for recovery, whilst establishing a benchmark position on key issues.
This edition includes investor sentiment for future trading across geographies and segments, as well as key investment metrics, expectations for the timeframe for recovery and short-term strategies being targeted by investors.
We will continue to circulate this survey every two months to track the shift in sentiment, as we transition into recovery mode.
Please click the following link to register your interest to participate in or receive copies of future surveys and all our latest articles for 'Charting the Course'.
Head of Hotels | Australia
Having joined Colliers in early 2014, I have subsequently sold over $180 million of hotel assets across Victoria and NSW, including the largest hotel transaction in Victoria since 2008, being Bell City Preston for $143 million.
Prior to joining Colliers, I was Director of Asset Management for Tourism Asset Holdings Limited (TAHL), Australia's largest hotel owner and responsible for selling down this portfolio totalling over $1.5 billion.
Before TAHL, I was with Jones Lang LaSalle Hotels for 7 years, as Head of Asset Management and Chief Operating Officer for the Hotels group across Asia Pacific.
National Director | Hotel
For over 27 years, Nigel’s career in the hotel industry has spanned hotel operations and finance, working for leading hotel operators and more recently, heading two of Australia’s leading wholesale hotel investment funds.
Prior to joining Colliers, Nigel spent 10 years as the Fund Manager of Eureka Fund Managements First Core Fund. The fund comprised hotel investment in branded hotels such as InterContinental, Four Seasons, Crowne Plaza and Holiday Inn. He led the fund team in establishing an investment in over $1.0bn of hotels in Australia and New Zealand. Nigel was responsible for the entire fund strategy of acquisition, repositioning, asset management, equity and debt capital strategies and exit strategy.
Nigel commenced the hotel investment stage of his career with Colonial First State Property as an Asset Manager for the portfolio of Marriott hotels in Australia before taking the funds lead role as Fund Manager.
In the early part of Nigel’s career, he held a number of Finance Director roles for Southern Pacific Hotels Corporation (now IHG) in Australia and the Pacific. After a period, as Regional Director of Finance for the Northern half of Australia he established his own hotel finance consulting group which provided accounting and financial related services to hotel operators and owners in Australia, New Zealand, Vanuatu and Fiji.
Director |Transaction Services, Hotels Asia Pacific
Karen has over twenty years of experience in the hotel industry and holds a Masters of Business Administration (MBA) from the Australian Graduate School of Management. She brings with her a specialised knowledge of the Asia Pacific hotel investment market and an ability to drive fresh capital into Australia’s hotel markets. She has developed an exceptional network over the past two years across Asia and the Middle East and within government, in her capacity as Senior Investment Specialist Tourism Infrastructure at Austrade and her knowledge of new entrants into the growing Australian tourism sector is second to none.
Director, Transaction Services | Hotels
Guy has over 10 years of property experience with the primary focus over this time on the Hotel and Student Accommodation market originally in the valuation division and more recently. Guy qualified as a valuer in April 2011 and specialised in the valuation of hotel and leisure assets providing valuation and consultancy advice for a variety of property classes including accommodation hotels, gaming venues, pubs, clubs, motels, tourist parks and reception centres until early 2014.
Since then Guy has specialised in the the hotel and student accommodation sectors as a Sales agent with a broad base of experience in the sales of pubs, motels, hotels, and student accommodation assets. Guy has been actively involved in the growth of the Student Accommodation sector across Australia particularly within Melbourne transacting a number of sites to a wide variety of major operators.
In addition to traditional real estate sales, Guy undertakes Hotel Management Agreement negotiations having worked for Salta Properties (Hotel Indigo - Docklands), Vicinity Centres (Hotel Chadstone - M Gallery by Sofitel) and Century Group (St Regis Melbourne) amongst others.
Associate Director | Hotels
Having been based in Hong Kong for over 10 years and more recently in Melbourne for the past two years, Mina brings a solid market research and consultancy background in hotel and hospitality assets.
Prior to joining Colliers, Mina was a Project / Associate Director of Horwath HTL focusing on development and financial feasibilities, investment appraisals, hotel management company selection and contract negotiations, operation performance reviews, large-scale destination and strategic planning for hotel, tourism and leisure developments across Asia Pacific.
Mina holds Bsc (Hons) in Hotel Management and started her career as an operations management trainee with Marriott International and worked in various hotel departments in the United States. With Certificates in Accounting and a Master in Property from the University of Melbourne, she brings strong financial and economic capability together with operation and service innovations to hotel investment and asset management.
Head of Hotels | Valuation & Advisory Services
I have been involved in the real estate industry for over 18 years and commenced my career at L.J Hooker. After graduating from a Bachelor of Property Economics Degree in 2004, I took up a position with the NSW Department of Commerce valuing a number of government owned assets across the state of NSW.
In 2007, I joined the Colliers Hotels & Leisure Valuation team where I had the opportunity to value a wide cross section of accommodation and leisure type properties, across Australia. In March 2009, I transferred to the Colliers South Sydney team and have been involved in a cross section of commercial, industrial and residential properties, along with the opportunity to value various types of 'Going Concern' properties including hotels, budget accommodation, student accommodation, boarding houses and car parks facilities.
In 2013, I transferred to the Sydney CBD office, where my primary focus is hotels, student accommodation, backpackers and other accommodation properties.
National Director | Hotels Asia Pacific
Since joining Colliers I have been involved in in providing valuation and brokerage advice on a wide selection of Licensed and Leisure property both in Australia and the Asia Pacific Region. I have been involved in valuing most of the major Australian Hotel Portfolios and a variety of significant leisure properties including Island Resorts,Golf Courses and Caravan Parks. My career highlights would have to include valuing iconic Australian Resorts such as Ayers Rock and Lizard Island plus some of the top resorts in the world in French Polynesia.
National Director | Valuation
Baden is a National Director of the Valuation & Advisory division of Colliers International. Based in Brisbane, Baden specialises in Hotels and Going Concern properties throughout the Asia Pacific region.
With thirty years’ experience in the valuation profession, Baden has a highly respected reputation in going concern, investment and development property. Key areas of expertise are accommodation hotels and resorts, licensed premises and clubs, tourist parks, tourist attractions, backpackers, development sites, marinas, golf courses, student accommodation and management letting rights.
Baden is a registered valuer in Queensland, an Associate of the Australian Property Institute, as well as a professional member of the Royal Institute of Chartered Surveyors.
Associate Director, Hotels | Valuation & Advisory
Paul is an Associate Director of the Hotels Valuation division based in Queensland. He is a registered valuer in Queensland and is an Associate of the Australian Property Institute.
With over 20 years’ experience in the valuation profession, Paul is an accomplished valuer with significant experience in the valuation of going concerns.
Paul’s experience extends across a number of property types including clubs, pubs, motels, management rights, schools and marinas.
Valuer | Valuation & Advisory Services
My industry focus has led me to work with a variety of clients in the Hotels & Student Accommodation sector, providing a variety of valuation, advisory and feasibility services. This has exposed me to a suite of unique and exciting 'going concern' properties and projects Australia wide.
I have been fortunate enough to work across a broad variety of accommodation assets including boarding houses (traditional and new generation), motels, hotels, resorts, purpose-built student accommodation (PBSA), co-living, car parks and major tourist attractions.
Learning experiences in the past have included investor management, facilities management, property management and dealing with high-maintenance and distressed properties.
Keen to assist where I can to help unlock opportunities for owners, operators and parties interested in the accommodation sector.
Assistant Valuer | Hotels
I joined Colliers International in 2019 as Assistant Valuer, Hotels for the Valuation & Advisory Services team. I specialise in hotel valuations across both single assets and portfolios.
Our services range from financial reporting valuations, insurance requirements, mergers, acquisition and disposal, rent reviews, due diligence reporting to capital raising and feasibility studies.
In addition, I am in my final year of studying a Bachelor of Property Economics at University of Technology Sydney.
I maintain an active role, outside of Colliers International, in the wider property industry as Member of the Young Property Professionals, Australian Property Institute.
Analyst | Hotels
I have over 13 years experience in tourism, accommodation and consulting. I have worked at the Tourism & Transport Forum (TTF) as a Tourism Policy Manager focussing on the accommodation sector. Prior to joining TTF I worked in the London and Sydney offices of Cushman & Wakefield Hospitality as a Senior Hotel Consultant.