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Hotel sector 'continues to boom'

Australia's hotel sector is continuing to flourish.

Australia's hotel sector is booming at present, with developers creating new resorts across the country.

Some of the biggest and newest have been highlighted by the Property Council of Australia, including the Hilton Surfers Paradise on Orchid Avenue in the Gold Coast that offers 4,500 sq metres of retail space, 224 apartments and 196 guest rooms.

Other developments include the AU$150 million Mosaic Grand Chifley Hotel in Adelaide that is set for completion in late 2013 and is a 48-room boutique hotel providing a range of luxury attractions.

Finally, the council highlighted the Ayers Rock Resort & Conference Centre in Yulara that recently underwent a AU$29.5 million refurbishment.

The resort was expanded by 1,400 sq metres and now offers 228 guest rooms, a range of restaurants, retail areas and meeting spaces.

Meanwhile, the new AU$65 million Accor Pacific in Adelaide has received planning approval, with the new 17-storey hotel set for completion by early 2014.

Posted by Craig Francis

- property, hotel, sales, commercial, investment, tourism, Adelaide, gold coast

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