Skift Blog
MARCH 26, 2025
Skift Take: In the competitive hotel market, commission yields quietly shape profits, and small percentage shifts can mean big revenue swings. In Europe, higher proportions of independent hotels and third-party booking transactions require nuanced strategy and sharp data analysis for optimizing revenue from hotel room sales.
Hotel Management
FEBRUARY 27, 2025
Capella Sydney welcomes new Director of Sales and Marketing Capella Sydney has welcomed Lucas Gimenez Polcheira as the new Director of Sales and Marketing. During his tenure, Lucas successfully repositioned the hotel within the premium market following its AU$70 million renovation in 2024.
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Hotel Management
OCTOBER 24, 2024
The 34-room hotel, in the “Paris End” of the CBD, joins Tabet’s local hotel portfolio which includes The Royce Hotel on St Kilda Road and The Lyall Hotel in South Yarra. The hotel features a rooftop pool and events venue, cocktail bar and boardroom.
Hotel Management
APRIL 21, 2025
Hotels in Queenstown, Christchurch and Rotorua have enjoyed a strong start to the year with increased room rates, driven by an uptick in international visitors, while New Zealands main centres of Auckland and Wellington saw a decline. The post Rates drop in key New Zealands two largest cities appeared first on Hotel Management.
Skift Blog
OCTOBER 9, 2024
Skift Take: Two back-to-back hotel deals in Bengaluru point towards a high investor interest. Behind this interest lie several factors that are making the city's hotel market lucrative. Bulbul Dhawan Read the Complete Story On Skift
Hotel Management
JUNE 26, 2023
The hotel was sold by Australian Wattle Development Pty Ltd – which is 50% owned by The Star Entertainment Group with Chow Tai Fook Enterprises and Far East Consortium as consortium partners – for AU$52 million more than the AU$140 million the business paid for the property back in January 2017. Settlement is due to occur in Q2 this year.
Hotel Management
FEBRUARY 1, 2024
Hotel investment volumes) reached AU$2.43 billion, according to the latest data from JLL Hotels and Hospitality Group. Importantly, the market continues to attract significant interest from global investors, particularly from groups out of Asia, who are looking to deploy capital in key markets with strong fundamentals.
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