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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 QLD8$180WA2$62 ACT3$61SA2$50 TAS2$22 Total 45$1,635*Completed Sales and Exchanged Unconditional Sales. Sales include property with not less than 50 rooms and sold over $5m, and not pub properties with ancillary rooms.
Selection of CY 2017 Sales Transactions Our outlook for 2018 is generally positive with hotel enquiries remaining strong and owners considering options.
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