JLL Hotels & Hospitality Group today announced it received three awards at the Hotel Investment Conference Asia Pacific (HICAP) event held in Singapore on October 21. The firm was recognized for the Single Asset Transaction of the Year for the Hilton Sydney, Merger & Acquisition (M&A) of the Year for W Maldives and Sheraton Maldives Full Moon Resort & Spa, and the Rising Star of the Year for Calvin Li, Executive Vice President, Head of Transaction Advisory Services, Asia Pacific.
Canadian investment giant Brookfield is hoping to find a buyer for its 416-room Sofitel Brisbane hotel, having been unsuccessful in divesting it in the past.
A plethora of new hotels continue to spring up along the eastern seaboard – many conceived on the promise of 1.3 million Chinese inbound tourists, a figure .