A two-year ban on foreign property purchases began last month, potentially impacting the short-term rental market while benefiting hotels with accommodation. The ban, which took effect 1 April, is primarily a move to deter foreign land banking and ease pressures on the housing market. Overseen in part by the Australian Taxation Office, the new regulations […]
PROPERTY PURCHASE BAN A BOON FOR HOTEL ACCOMMODATION Read More »
The Victorian government has announced that its new short stay levy will apply to relevant Victorian properties from 1 January 2025. A short stay is defined as a person or persons staying in a property for a continuous period of less than 28 days, for a fee. The levy will be a flat 7.5 per
LEVY ON SHORT STAY ACCOMMODATION BEGINS IN VICTORIA Read More »
In tourism hot spots across Australia, homelessness is on the rise. A recent NSW Planning Department discussion paper on the rental market showed that since 2019, rents have increased by 38 per cent, and as of December 2023 in Greater Sydney vacancy rates have reduced to just 1.7 per cent. “As housing affordability in NSW
NEW RULES FOR SHORT-TERM ACCOMMODATION PROVIDERS Read More »
On the eve of its debut on the ASX and uncoupling from Woolworths, ALH is looking to let loose the cheque book to secure further acquisitions and market share in accommodation. Billionaire major shareholder Bruce Mathieson has said “people will be surprised” by the kind of properties ALH is looking to buy in its aggressive
The new mandatory quarantine restrictions on people entering Australia is now in effect, and many hotels in the capitals have looked to providing accommodation for the isolating. In the region of 3,000 travellers continue to arrive at Sydney airport each day, quickly loaded onto buses and not allowed to greet anyone, before being transported to
The national debate around short-term accommodation providers such as Airbnb heats up, with “comprehensive and effective regulations” proposed to protect licensed operators and jobs in Western Australia. The WA Parliamentary report into short stay accommodation has proposed laws that will level the playing field and protect local jobs in the state’s licensed accommodation businesses. Increasing
Marlow Group has completed a major renovation to its Coniston Hotel, opening new 4-star accommodation on the second level. The Coniston Hotel is a large, multi-level structure opposite the train station on a corner of Bridge Street in Coniston, a suburb of southern Wollongong just over an hour’s drive south of Sydney. It counts two
Industry bodies have “strongly endorsed” new legislation regulating short-stay accommodation providers such as Airbnb, which undermine legitimate operators around the country. Frequently playing catch-up with rapidly changing technological advancements and resulting business opportunities, jurisdictions around the world have gradually moved to strengthen the regulation of short-stay accommodation (SSA) providers and platforms. The first Australian state
AirBnB has accused the hotel industry of protecting its “big profits” as accusations the gig-economy multi-national is bypassing the rules prompt a government enquiry. A war of words has been brewing between outspoken hotel industry advocate Brad Woods, CEO of the AHA WA, and the internet giant AirBnB, estimated to be worth $38bn. AirBnB rose
AIRBNB IN HOT SEAT AS HOTEL INDUSTRY FIGHTS BACK Read More »
The world’s largest travel website has rolled out its ‘Sponsored Placements’ system allowing Hotels to buy their way to the top of search results. TripAdvisor states it is the largest travel site in the world, with 315 million members and nearly 280 million unique monthly visitors. It was one of the first websites to feature
TRIPADVISOR BEGINS SPONSORED ADS TO TOP SEARCH RESULTS Read More »
A product of The Information Collective
ACN. 603 201 109
ABN. 21 603 201 109
