News
Travel
International investors gather in Sydney for HotelsWorld 2015

10 Aug 2015, 06:23 am

International investors gather in Sydney for HotelsWorld 2015
Sydney, Aug 8 (NITN): Approximately 400 hotel investors, owners and operators gathered at HotelsWorld in Sydney last week, an annual conference held over three days covering a range of topics from travel trends to investment.

Federal Assistant Minister for Infrastructure and Regional Development Jamie Briggs presented a keynote address emphasising the importance of investment to drive competitiveness across the tourism industry.

Tourism Australia Managing Director John O’Sullivan chaired a panel about travel trends and preferences for Australia’s big four inbound markets: the UK, USA, NZ and China.

Austrade Senior Investment Specialist Karen Wales hosted an investor panel who spoke about their Australian hotel investments and where they see opportunities going forward. Tourism Australia and Austrade also held a number of meetings with international investors to promote opportunities across Australia.

Australia is the eighth largest tourism market in the world and is fast becoming a major destination for business investment. Tourism is Australia’s largest services industry export and second only to iron ore as an export earner.

In response to Tourism 2020 goals to increase visitor expenditure Tourism Australia and Austrade have formed a partnership to make Australian tourism opportunities more readily available to interested investors.

Etihad’s new A321LR l ...

Etihad Airways has launched its new A321LR aircraft on all flights to and from Kolkata, introducing a refined travel experience on the popular Indian route.

Etihad Airways launches new ...

Etihad Airways is set to expand its global network with the addition of Damascus, the Syrian capital, as a new destination starting June 2026.

IndiGo, AEGEAN sign codesha ...

IndiGo and AEGEAN, the flag carrier of Greece, have signed a memorandum of understanding (MoU) for a codeshare partnership. The agreement, which is subject to regulatory approvals, will enable both carriers to offer flights on each other’s networks.