You are viewing:-
you're reading...
1.Market Observations, 8.Was Sticky

21 July 2017 (TheAge) – City room boom shortage drives new hotels – Melbourne’s hotel – and apartments – approval boom

(21 July 2017, The Age, p6, Ebony Bowden , Clay Lucas)

‘A hotel boom in Melbourne is being driven by a shortage of rooms, a thriving tourism industry, and – according to one prominent city real estate agent – a realisation by developers that the Andrews government will approve towers mixing hotel accommodation with apartments. In the past two years alone, 14 hotels from prestigious chains like the Mandarin Oriental and the Shangri-La have been approved by Planning Minister Richard Wynne.’

Read more at TheAge.com.au

Advertisements

About robertbrain

Brainy's Share Market Toolbox. Read the honest truth about the sharemarket. Develop or fine tune your investing/trading strategies using share price charts (technical analysis), or learn about the investment strategies of others. Melbourne (Australia) based - supporting share market investors and traders to build wealth through smarter investing using my Share Market Toolbox arsenal of weapons to tackle the market.

Discussion

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: