In its 2024 Year Kick-off Message, Pro-invest Group reflects on a year of strategic growth and operational excellence, setting the tone for continued momentum. The Group’s diversified hotel portfolio outperformed competitors in 2023, with stabilised properties achieving above market benchmarks and select service hotels reaching over 40% GOP margins, well above industry averages. Tourism forecasts for Australia show travel expected to surpass pre-pandemic levels by 2028, with international visitor volumes rebounding and total expenditure projected to increase by 61%. These trends reinforce Pro-invest’s confidence in hospitality as a resilient and attractive asset class, as explored in the white paper “Finding the Silver Lining” by Sabine Schaffer. The Group also celebrated notable brand expansions and openings, including the debut of Hotel Indigo Melbourne on Flinders and three new restaurants and bars that elevate its lifestyle offerings. With a nimble operating platform and a strong ESG foundation, Pro-invest continues to lead the way in hotel investment and management across Australasia.