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savills.com
Market reportFebruary Hotels02 Introduction04 Performance snapshot 07 Australian cities overview12 Sales trends22 Savills key contacts02 Introduction05 Sales trends09 China and Australia a match forged in steel 14 Performance snapshot 17 Australian cities overview28 New Zealand30 Contact usContentsIntroductionWhile hotels in Sydney and Melbourne are experiencing unprecedented trading performance, there was a relative dearth of sales activity in 2017 with national transaction values down 35% compared to the 2016 calendar were no significant hotel sales recorded in Sydney s core CBD and only a small number of investment grade hotel transactions in Melbourne s Sales Transactions StateNumber of Sales*Total Value ($m)VIC12$668 NSW16$592 QLD
While hotels in Sydney and Melbourne are experiencing unprecedented trading performance, there was a relative dearth of sales activity in 2017
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