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Karen Wales | Colliers | Sydney

Karen Wales

Head of Hotels, Australia | Transaction Services

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About

Professional Summary

Karen is the Head of Hotels, Transaction Services at Colliers. Karen has over twenty years of experience in the hotel industry and in her current role specialises in hotel brokerage, operator selection and the provision of consulting services to owners, operators and government. She has an in-depth knowledge of the Asia Pacific hotel investment market and an ability to drive fresh capital into Australia’s hotel markets.

Since joining Colliers, Karen has worked on over $1 billion of hotel sales and provided strategic consultancy advice to more than 20 clients.

Prior to Colliers, Karen worked as Senior Investment Specialist Tourism Infrastructure at Austrade and her knowledge of new entrants into the growing Australian tourism sector is second to none.  In this role, Karen hosted hotel and tourism investment attraction roundtables across Asia and participated in the Federal Government’s Northern Australia investment forum which brought 350 investors from 20 countries to Darwin in late 2015. 

Prior to Austrade, Karen was Executive Vice President Research & Consulting for JLL where she oversaw the Asia Pacific research business and provided consultancy services to the Pacific hotel market. Consulting work included investment strategy, government consultancy, market research, forecasting and demand studies, competitor surveys, benchmark analysis and asset management.

Prior to JLL, Karen was employed as a hotel financial consultant with Dransfield Hotels & Resorts.  She was involved in the provision of consulting services and the acquisition, development, and asset management of the practice’s resort management businesses.

Accomplishments

Transactions

  • InterContinental Hotel Double Bay, NSW - On market
  • Gwinganna Lifestyle Retreat, QLD - On market
  • Fitzroy Island Resort, QLD - On market 
  • Oaks on William Suites, Melbourne, VIC - Confidential 
  • Sheraton Grande Mirage Resort, QLD - $192M
  • Rydges Sydney Harbour, NSW - $100.75M
  • Seasons Harbour Plaza, Sydney, NSW - $81.88M
  • The Old Clare Hotel, Chippendale, NSW - $61.8M
  • Veriu Sydney, NSW - $58.88M
  • Park Regis Sydney, NSW - $54M
  • Gaia Retreat & Spa, NSW  - $40.1M
  • Radisson Hotel & Suites Sydney, NSW - $38M
  • Rydges Bankstown, NSW - $28M
  • Capitol Square Hotel, Sydney, NSW - $26M
  • Hotel Urban St Leonards, NSW - $8.1M (freehold components)
  • The Islington, Hobart, TAS - $5M

Education

Australian Graduate School of Management, MBA (Exec) Business Administration and Management General

Newcastle University, BA (Hons) Combined Studies

Memberships & Involvements

Property Council of NSW, Hotels Committee 2017 to present 

Services

Property Type

Hotels

Featured Research

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The Colliers Research team has prepared a summary of the 2024 Federal Budget announcement with an overview on how the Budget affects key components of the property sector, including Office, Industrial, Retail, Residential, Hotels, Agribusiness and Healthcare & Retirement Living.
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29 Apr 2024

Hotels Q1 2024 Update

Multiple large-scale events and increased international visitation, combined with an easing of new supply, led to a strong first quarter for Australia’s hotel and tourism sector.
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Asia Pacific Capital Markets | Insights & Outlook March 2024

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