INNvestment Australia
Colliers International Hotels
from Hotels and Leisure, Spring Quarter 2009
"Investors in Australian hotels are displaying a change in sentiment, with the general belief that the sector is now moving past the bottom of the market cycle. Recent results from Collier’s Hotel Industry Survey reveal that expectations for trading performance for hotel assets have now stabilised, and the majority view is that hotel occupancy is likely to have bottomed. In the marketplace, this has been reflected by an uptake in transaction activity in recent months, with several notable hotel investment sales and others currently in negotiation."