More than $120 million has been spent on hotels and security companies during the past year as part of the state government's strategy for quarantining international travellers.
Accor has announced Novotel will operate the hotel component of Fragrance Group's NV Apartments and Hotel development, which will partially open later this month.
A Singaporean investment group has taken a long-term view on Perth's hotels sector, shrugging off plunging room rates and a massive wave of new developments to purchase the Crowne Plaza Perth for $50 million.
Australia Post has failed to sell its General Post Office Building in Forrest Place and has, instead, reverted to trying to find tenants to fill the vacant retail space.
SCARCE supply and growing demand from the resources sector have helped push Perth's hotels market to the top of the class, with the Western Australian capital outperforming all major Australian cit
