Latest Hotels News

The Star Entertainment Group reported a 5% revenue increase in Q1 FY26 and a halving of its EBITDA loss, while navigating regulatory challenges and advancing a major joint venture exit.

Endeavour Group’s first quarter results reveal a strong Hotels segment growth of 4.4%, alongside a retail sales recovery that returned to positive territory in September. Online sales surged by 20.9%, highlighting shifting consumer habits.

SiteMinder reported robust FY25 results with 27.2% revenue growth and positive profitability, driven by its AI-integrated Smart Platform strategy. The company reaffirms strong FY26 guidance as it scales its hotel revenue management solutions globally.

International Equities Corporation Ltd reported a modest revenue increase for Q1 2025-26 but faced a sharper after-tax loss, pressured by weak tourism and rising costs. Despite challenges, the company maintains a strong liquidity buffer.

EVT Limited reports a robust 20.7% rise in Q1 EBITDA, driven by all divisions, with Hotels leading record results and a strategic acquisition poised to boost earnings further.

Aussie Broadband reported robust FY25 results with nearly $1.2 billion revenue and signed a transformative six-year wholesale agreement, setting the stage for ambitious growth through FY28.

Reef Casino Trust (ASX, RCT) has received a recommended off-market takeover offer from Iris Cairns Property Pty Ltd at $3.87 per unit, representing a significant premium over recent trading prices. The independent expert affirms the offer as fair and reasonable, with major unitholders supporting the bid subject to regulatory approvals.

Murray Cod Australia Ltd reports a landmark FY25 profit turnaround driven by record biomass growth and infrastructure expansion, setting the stage for a commercial inflection in FY26.

SiteMinder's 2025 Investor Day presentation highlights its Smart Platform's progress, AI-driven hotel revenue tools, and reiterates a strong FY26 outlook with ambitions for accelerated growth.

Regis Healthcare reveals a funding update amid government changes, projecting modest EBITDA growth despite a funding gap and rising wage costs.

Regis Healthcare acknowledges the Australian Government’s recent announcement to increase aged care funding through higher AN-ACC prices and hotelling supplements, aimed at supporting wage rises for care workers. The company is currently assessing the financial implications of these changes.

Iris Cairns Property Pty Ltd has launched an off-market takeover bid for all units in Reef Casino Trust at $3.87 cash per unit, a significant premium supported unanimously by the trust’s board and major unitholders. The offer opens on 12 September 2025 and closes on 13 March 2026, subject to regulatory approvals and conditions.