Bright Outlook for Tourism Spurs New Hotel Development Cycle

The rapid rise of tourism to Australia – much of it fueled by the growing middle class of China, is changing the developers’ views of hotels as a viable investment class. For years, the numbers never stacked. Until now.

We discuss the changing dynamics of this sector with industry experts, Talis Sterns, COO of Pomeroy Pacific and David Simpson, Lead Partner –  Hotels, Tourism & Leisure of nem Australasia. Pomeroy Pacific (www.pomeroypacific.com.au) is Australia’s leading Project Management company, and nem Australasia (www.nem.net.au) is a boutique 50 partner consultancy practice with specialist expertise across a number of industry clusters including Hotels, Tourism & Leisure.

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