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Podcast: JLL Perspectives
Episode: #13 Regional hotels have their moment in the sun - with Jerry Schwartz; Brett Forer, Accor; Geoff York, Crystalbrook Collection; Julian Clark, Lancemore Group; Matthew Burke, STR
Description: Australia's regional hotels are performing better than ever as COVID-19 state border closures and international travel restrictions force holidaymakers to travel closer to home.Rarely do regional hotels outperform their CBD counterparts, but they are now, with an A$18 premium on average room rates.And in the words of Australian hotel mogul Jerry Schwartz, "that's really the only good news that we have in the hotel industry: that regional hotels and regional Australia are doing so well."So, how are investors, owners and operators capitalising on this regional hotels phenomenon? Plus, c...