A local private investor has purchased St Kilda’s Tolarno Hotel for circa $6 million. CBRE’s Scott Callow and Nathan Mufale brokered the deal on behalf of the vendors.
Nick Thompson promoted to JLL Executive Vice President, breaks $400m milestone in hotel transactions
Nick Thompson of JLL New Zealand has been promoted to Executive Vice President, Hotels and Hospitality, after spending more than 17 years specialising in the hotel sector and transacting more than $430 million throughout his sales career.
160 Year Old Sydney Pub Royalty Blue’s Point Hotel for sale by HTL Property
HTL Property agents Andrew Jolliffe, Sam Handy and Dan Dragicevich advises that it has been engaged to sell the famous Blue’s Point Hotel on behalf of former Qantas CEO and Tourism Australia chair, Geoff Dixon.
Movement at the Station: The Station Hotel Motel in Kurri Kurri Sold by HTL Property
The sale was completed by HTL Property Agents Xavier Plunkett and Ben Kennedy, for a sum registering a significant premium to when the asset last trader through HTL Property in 2021.
Formerly the independently operated Pacific Hotel Brisbane, Accor now operates the 179-room Mercure Brisbane Spring Hill under a hotel management agreement announced Accor Pacific Chief Operating Officer PM&E, Adrian Williams.
Independent Collection by EVT sign new hotel management The Inchcolm Brisbane
EVT Hotels & Resorts announces the hotel management of The Inchcolm, Brisbane, effective today. This announcement marks an extension of their partnership with Invictus Developments and further expansion of the Independent Collection by EVT (ICbE).
Australia’s hotel sector tipped to benefit from occupancy and room rate growth as inbound tourism recovery gathers momentum
Surging inbound tourism will help boost Australia’s hotel occupancy levels this year and next while spurring room rate growth in most markets, particularly Sydney and Brisbane, according to new CBRE forecasts.
Pullman Cairns International and adjoining retail arcade for sale by CBRE
The Pullman Cairns International for sale by Prime Value’s Shakespeare Property Group. The 5 star Cairns Pullman Hotel for sale through CBRE Hotels Michael Simpson, Wayne Bunz and Hayley Manvell.
Warren and Mahoney fuses deep culture considered design to deliver New Zealand’s gateway
Warren and Mahoney Project Principal Jonathan Hewlett outlines that the 311-room Te Arikinui Pullman hotel is designed with a deep understanding of travellers’ desire for authentic, personalised experiences that sincerely embody the essence of the local culture.
Hilton Expands Presence in North Queensland with the Signing of Hilton Garden Inn Townsville
Hilton announced the signing of the 190 room Hilton Garden Inn Townsville, adding to Hilton Garden Inn’s fast-growing portfolio of 91 hotels operating across Asia Pacific.