News and Media
Browse through a number of news articles featuring Alloggio.
Alloggio has expanded its East Coast presence after acquiring the Prestige Holiday Homes management business located in the stunning Sunshine Coast beachside location of Coolum. The deal sees the addition of 37 luxurious holiday homes and apartment managements to alloggio’s portfolio of short-term accommodation properties and includes the award-winning ...
Thu 9th Jun 2022 9:00 am
The short term accomodation provider has upgraded its FY22 revenue guidance from $21.5m to $26m. EBITDA is now expected to come in between $10.5m-$11m, compared to the $8.6m guidance previously forecast. Alloggio’s properties are located in popular tourism destinations on the east coast of Australia.
Mon 6th Jun 2022 10:00 am
In a much-needed boost to the Hunter’s tourism industry – operators say they’re fully booked this weekend. It comes as thousands pack into Newcastle for one of the city’s largest festivals, returning after a three-year hiatus.
Sat 12th Mar 2022 9:00 am
The return of tourists and international students will prompt a surge in demand for the short-term rental market, new research shows
While the impact of the return of migration is expected to take some time to show up in the housing market, it’s likely demand will rise in the short-term rental market in Australia’s inner cities as visa-holders fly into the country.
Mon 28th Feb 2022 15:13 pm
Maria Petrakis looks at what faces the tourism industry after the $50-billion industry was put into hibernation for two years. Australia welcomed fully vaccinated tourists and visitors yesterday after some 700 days shut to the rest of the world.
Tue 22nd Feb 2022 9:00 am
5 ASX small caps to watch today. Alloggio Group (ASX:ALO). The short term rental accommodation company delivered a record first half, with revenue up by 111%t (on pcp) to $10.1m and EBITDA up by 115% (on pcp) to $4.1m. The company also released guidance for the full year: FY22 revenue of $21.5m (+90%) and EBITDA of $8.6m (+85%).
Tue 22nd Feb 2022 9:00 am
Watch the Alloggio Group Limited Half Yearly Presentation and Results Briefing (February 2022) for the 2022 Financial Year including introduction, overview, financial information, questions and closing remarks.
Mon 21st Feb 2022 9:00 am
Rental accommodation manager Alloggio has made a call to action for all tourism operators to collaborate due to fierce competition. The announcement comes as Australia gears up to open to the rest of the world from 21 February. “We need to be ready for the rest of the world to land on our shores in seven days, and we need to provide those travellers ...
Tue 15th Feb 2022 10:00 am
Hunter tourism operators are rejoicing after national cabinet confirmed double vaxxed visitors and cruise ships could return to our shores. But for two thirds of Australia’s travel industry – it’s too late.
Fri 11th Feb 2022 10:00 am
Whoever named it Magnetic Island knew what was up. The pull of the equatorial paradise attracts over 290,000 people to the island every year. Short term rental property management company Alloggio (ASX: ALO) has made inroads on the island, today announcing the acquisition of Magnetic Island’s top holiday accommodation provider, Best of Magnetic.
Tue 8th Feb 2022 10:00 am
Alloggio Group Limited (Alloggio or Company) (ASX: ALO), a leading operator of short-term rental accommodation (STRA) in Australia, is pleased to announce it has executed a binding agreement to acquire holiday property management business Accom Noosa and the management rights to Fairshore and Noosa International Resort for $4.5 million.
Thu 27th Jan 2022 9:09 am
Will Creedon's excitement for Alloggio's (ALO) first acquisition since listing is palpable. The $8M deal expands the company's footprint in Victoria, increasing its holiday property portfolio by over 600 to bring it to 1,500 holiday properties on the east coast. Great Ocean Road Holidays revenue totaled over $3.5M in FY21, and is expected to be immediately ...
Fri 17th Dec 2021 9:00 am
Alloggio Group Limited (ALO) is to acquire the entire issued share capital in Great Ocean Road Accommodation Centre for $8 million in cash. The acquisition expands Alloggio’s physical presence by providing a new hub in the Great Ocean Road region.
Wed 15th Dec 2021 10:31 am
Although the omnicron strain looms over travel stocks such as Flight Centre, Webjet and Qantas, Mr. Creedon pointed to data that showed the 'pace' of Australians booking their domestic holidays remained strong over the weekend, despite the uncertain Covid 19 news.
Mon 29th Nov 2021 16:17 pm
Vacation-rental management business Alloggio on Monday became a public company in Australia, as investors worldwide continue to drench the short-term rental housing sector with capital. Alloggio raised $11.7 million ($16.5 million Australian). The property management firm closed the day’s trading with a market capitalization of $23 million ($33.1 ...
Mon 29th Nov 2021 13:46 pm
Stepping out of a string of seemingly endless lockdowns into a COVID endemic world hasn’t deterred Aussies from jumping straight back into life as normal. With the holiday period looming people are keen as mustard to get the hell out of dodge and plonk themselves on a beach somewhere for some much needed R&R.
Thu 11th Nov 2021 10:00 am
Alloggio is a manager and provider of short-term rental accommodation. It's raising $16.5 million dollars in IPO on the ASX this month. The company started off managing one hotel in Newcastle in 2015 and it now has a portfolio of about 880 holiday properties and 13 hotels. It plans to use the IPO proceeds to expand as the entire sector comes out from ...
Thu 4th Nov 2021 10:11 am
Holiday home property operator and platform Alloggio is the latest business to join the IPO circuit. The travel tech play is set to commence a bookbuild next week, hoping to raise $20 million for its float.
Anthony Macdonald, Yolanda Redrup and Kanika Sood
Thu 7th Oct 2021 21:32 pm
Alloggio managing director Will Creedon and Stayz raise concerns about short term rental rule changes introduced by NSW Government
New short term rental rules set to be introduced in Newcastle have been criticised by accommodation providers as "rushed" and potentially harmful to the local economy. The NSW Government on Friday announced new Short Term Rental Accommodation (STRA) rules to be introduced from July 30. The rules include a cap of 180 days per year that non-hosted STRA ...
Mon 12th Apr 2021 18:00 pm
The $30-billion a year short-term accommodation industry is crying foul in parts of New South Wales, with the government announcing new compliance rules to be enforced in just months. Among the regional areas affected – Newcastle, the Upper Hunter and the north coast.
Mon 12th Apr 2021 10:00 am
Former Tourism Hunter chairman Will Creedon plans to float his Alloggio short-term accommodation business on the Australian Stock Exchange late next year in a share offer which could value the company at more than $50 million. Mr Creedon, who owns a majority share in Alloggio with wife Karen Howard, is understood to have raised several million dollars ...
Tue 22nd Dec 2020 7:00 am
A week since Airbnb hit the Nasdaq, a local short term accommodation manager has popped up gunning for the ASX boards. Short term accommodation manager Alloggio has closed a pre-IPO funding round, ahead of a float towards the end of next year.
Sarah Thompson, Anthony Macdonald and Tim Boyd
Thu 17th Dec 2020 9:33 am
Alloggio hotel group will launch its first hotel "developed from scratch" in Thornton on Thursday. For more information about Alloggio Thornton visit website.
Thu 5th Nov 2020 11:00 am
The grand opening of the brand new Alloggio Hotel is expected to help drive economic growth within the city of Thornton. Built entirely by local contractors, the four-star hotel will officially open its doors on Thursday, November 5. Alloggio Hotel Group say the state of the art property represents "a major investment in this bustling community."
Wed 4th Nov 2020 16:30 pm
The impacts of COVID-19 will be felt by our young people for a lifetime. Research suggests the disadvantage they face now, in areas of job security and financial hardship, will affect their career, education and home ownership prospects for years to come. Six months on from when the virus first reached the Hunter Region, the local youth unemployment ...
Tue 29th Sep 2020 8:00 am
The equipment has been thoroughly cleaned, the safety signs are in place, the sanitiser is within easy reach and the COVID marshals are at the ready as Port Stephens operators put out the school holiday welcome mat to visitors. Following a bleak autumn-winter period, there is strong expectation from tourism, accommodation and retail owners that the ...
Thu 24th Sep 2020 6:30 am
Relaxed health restrictions and fine weather combined over the Queen's birthday long weekend to give Port Stephens businesses and the tourist industry a much-needed shot in the arm and some hope for a stronger than normal winter period. Holidaymakers from across NSW flocked in their thousands to the Port, providing the large number of small businesses, ...
Wed 10th Jun 2020 9:00 am
Will Creedon from short stays Alloggio provides a snapshot of the tourism market and discusses the "sugar hit" from the first holiday weekend since restrictions eased.
Tue 9th Jun 2020 10:00 am
Hunter Valley tourism impacted by recent bushfires while Port Stephens, Newcastle and Lake Macquarie boom
WHILE Port Stephens is enjoying a strong summer tourist season, the visual signs of drought and smoke from recent bushfires have affected "bottom lines" in other parts of the Hunter. Accommodation providers in Port Stephens recorded "high-to-very high" occupancy rates over Christmas and New Year, with bookings described as "good, if not better", ...
Anita Beaumont and Charlie Elias
Sat 18th Jan 2020 9:00 am
Port Stephens is enjoying another strong summer tourist season with many accommodation houses and holiday parks having recorded "high to very high" percentage occupancy rates over the Christmas/New Year period. While bookings continue to fluctuate two weeks into the January school holidays, many accommodation operators are relying on the "short lead ...
Thu 16th Jan 2020 10:00 am
A development application for an $8 million, 98-room motel at Thornton has been recommended for approval. Maitland City Council will put the plan to vote at a meeting on Tuesday night. The proposal is for a site in Poynton Place, part of a newly created business subdivision off Desalis and Weakley's drives.
Sun 25th Aug 2019 12:20 pm
The Newcastle-based owners of this sprawling, luxury beach house worked with a local stylist to achieve a relaxed, coastal feel for the four-bedroom property named after its rugged namesake, Zenith Beach. Its elevated north-east aspect affords sweeping vistas over Shoal Bay beach and Port Stephens waterways, best enjoyed at sunset on the deck with a ...
Tue 23rd Jul 2019 10:00 am
A developmental application for a multi-million dollar motel in Thornton has been lodged with Maitland City Council. The $8 million Poynton Place proposal, lodged by prominent developer Hunter Land, would see the construction of a 98-room motel including 101 car parking spaces, signage, landscaping and site infrastructure.
Thu 4th Jul 2019 16:25 pm
Everybody who has ever met Will Creedon knows he's a big ideas kind of guy. The engaging Irishman was a main driving force behind the tourism industry in the Hunter. As the chairman of Tourism Hunter, he was a leading advocate to bring major events to the region and improved infrastructure. While he has stepped away from that role, he has not lost ...
Sun 23rd Jun 2019 12:00 pm
The month of April is shaping up to be a bumper for the area with the combination of Sail Port Stephens, the school term break, Easter and Anzac public holidays falling into the same period to create a "perfect storm" for tourism. A week out from the school holiday break two of the Port's largest accommodation providers, Port Stephens Council and ...
Wed 10th Apr 2019 13:00 pm
This month I caught up with Will Creedon, Hunter Tourism Advocate and founder of short term stays company Alloggio who provides his perspective on the prospects for Newcastle's Visitor Economy, V8 Supercars Event, Tourism Opportunities, & New Hotels/Demand.
Mon 1st Oct 2018 10:00 am
With the Hyundai A-League enjoying a split round over the next fortnight, the Newcastle Jets will have a well-earned weekend off. But there will be no rest for Ernie Merrick’s men, as they take an open training session to the Tomaree Sports Complex in Nelson Bay.
Tue 6th Feb 2018 16:28 pm
The Newcastle Jets latest signing, Patricio Rodriguez joined his teammates for training for the first time today, after landing on Australian shores on Wednesday. The Argentinian winger signed with the club during the January transfer window and their latest recruit will be pushing for a debut in an F3 Derby against the Central Coast Mariners.
Fri 5th Jan 2018 15:31 pm
Tour operators and accommodation providers have tipped a bumper summer season for Port Stephens. Ever-popular holiday parks are booked solid along with many privately-owned properties in December – with few vacancies left in January. “Christmas is 100 per cent gone and we haven’t got much left for January now either,” Alloggio owner Will ...
Fri 22nd Dec 2017 6:00 am
Newcastle is a city that is on the move, a city that is becoming younger by the day and a city that is projecting a new tone and style of confidence.
Fri 17th Feb 2017 10:00 am