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Old Feb 1, 2021 | 4:40 am
  #110  
markis10
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Originally Posted by fifty_two
Iris capital bought the low budget hotels ibis/ibis budget , so that why some are forever gone , but in general we can expect more changes like this in australia , as country is closed
I doubt it, the country is open to domestic tourism and many hotels have had an excellent summer. Accor in Australia has expanded dramatically in recent times with net gains in numbers. The loss of the recent hotels are more a reflection of their poor value, being much older low value properties, in the case of Brisbane they were the original Accor hotels, there are now 27 in the same city to replace them thanks to Mantra/Sebel etc, meanwhile Hyatt announced their first property in Qld in 8 years today.
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