CBRE Hotels Market Insight
13 May 2020
During this 1-hour webinar hosted by CBRE Hotels’ Wayne Bunz, National Director Capital Markets and Robert McIntosh, Executive Director Valuation and Advisory; we heard from a panel of industry experts on Hotels in the New World: Navigating the Road to Recovery.
The expert panel included:
Bob East – Tourism Australia, Chair
Simon McGrath – Accor, Chief Operating Officer
Dr Jerry Schwartz – Schwartz Family Co, Director
Troy Craig – CBRE Valuations & Advisory, Regional Director
Andrew McCasker – CBRE Debt and Structured Finance, Managing Director
13 May 2020
The expert panel included:
Bob East – Tourism Australia, Chair
Simon McGrath – Accor, Chief Operating Officer
Dr Jerry Schwartz – Schwartz Family Co, Director
Troy Craig – CBRE Valuations & Advisory, Regional Director
Andrew McCasker – CBRE Debt and Structured Finance, Managing Director
Summary
- Huge pent up demand and desire for domestic travel, as consumer will look to spoil themselves
- Domestic and regional tourism outlook is positive
- Concept of a Pacific bubble is exciting for the industry and the domestic market
- Hotel Industry has become more digitally and socially active
- Federal and State Government support with the JobKeeper payment has been a lifeline for the industry
- What the industry learns now in innovative cost structures being developed, will set us for a successful decade
Flash Call Recording
CBRE Hotels Market Insight13 May 2020
Flash Call Speakers
Wayne Bunz
National Director, Capital Markets, Hotels, Australia
Troy Craig
Regional Director | Hotel Valuation & Advisory Services, Asia Pacific
Andrew McCasker
Managing Director Pacific | Debt & Structured Finance, Pacific
