Research - FEBRUARY 10, 2017

To read this full article you need to be subscribed to Newsline.

Sign in Start Your Free Trial Now View Purchase Options

Chinese investors dominate Australian hotel sector

by Andrea Waitrovich

Chinese investors and visitors have emerged as a dominant force in Australia’s hotel sector, according to Colliers International. Australian hotels have become increasingly appealing to China-based investors on a risk-adjusted returns basis and further supported by the push for expansion overseas and the signing of China Australia Free Trade Agreement in late 2015.

Since making tourism a national investment priority in 2013, Australia has seen record levels of international investment in tourism infrastructure, with more than $8 billion invested in the sector as offshore investors look to capitalize on the recent and projected strong growth in tourism.

And Chinese visitor numbers have grown more than 350 percent from 300,000 in 2009 to 1.1 million in 2016, with China expected to become Australia’s leading inbound market by the end of 2017. According to Tourism Research Australia, Chinese visitors are expected to total 3 million by 2025, with more than 80 percen

Glossary, videos, podcasts, research in the Resource Center

Forgot your username or password?

Close your account?

Your account will be closed and all data will be permanently deleted and cannot be recovered. Are you sure?

We respect your privacy! Please give consent for processing data as described in our Privacy Policy