We are pleased to share our findings with you. This Hotels Investment Review provides a comprehensive look at transaction activity, industry trends and key buyer groups that were active in 2018.
The Australian hotels investment market has expanded considerably over the past eight years, with the development of more than 27,000 new accommodation rooms and a notable broadening of the capital base. In 2018 alone 46 hotels opened, adding over 6,700 rooms to accommodation supply. A further 38 hotels are scheduled to open in 2019, adding a further 6,600 new rooms.
Colliers International estimate there are now around 145,000 ‘investment grade’ accommodation rooms across Australia with an estimated sector value of $56 billion. Tourism was made a national investment priority by the Australian Government in 2013.
We trust you will find our Investment Review an insightful read.