Batman's Hill on Collins Melbourne

Savills Report Unveils Robust Growth: Australian Hotel Deals Surge Over 6% to $2.494 Billion

In a comprehensive report released by Savills Australia and New Zealand, the Australian hotel market witnessed a significant uptick in transaction volumes, reaching approximately $2.494 billion in the 2023 calendar year. This figure represents a notable 6% increase compared to the preceding year, surpassing the long-term average of $2.1 billion….

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