Rumba Resort Caloundra and Oceans Resort Hervey Bay management rights sold for $15m
The management rights of two landmark oceanfront resorts on the Sunshine Coast and Fraser Coast, Oceans Resort Hervey Bay and Rumba Resort Caloundra, have sold for a total of close to $15 million, brokered by Glenn Millar of Resort Brokers Australia.
Management rights of Brisbane's Royal Albert Hotel sold
The management rights to one of Brisbane’s landmark CBD heritage properties, the Royal Albert Hotel, has changed hands for the first time in almost two decades.
Management rights market remains strong for premium buildings
One of Australia’s largest, privately-owned accommodation operators has settled on its off-the-plan purchase of the management rights to a major luxury apartment project in inner-city Newstead, Brisbane.
Barkly Homestead, the only stop on a 450km stretch of road between Queensland and the Northern Territory, is on the market for the first time in 10 years.
Brisbane’s biggest established management rights chasing $10.42m+
Tim Crooks and Gareth Closter of Resort Brokers Australia have been exclusively appointed to market Central Village; a fully established, large scale Management Rights business based in central Brisbane.
Hotel property sector is outperforming all other property classes
The Australian tourism industry is growing at more than double the rate of the Australian economy with the Deloitte Tourism-Hotel Outlook 2017 reporting national hotel room revenue hit $27 million a night in 2016, raking in $9.8 billion over the year.
Absolute Capricorn Coast beachfront units, all with ocean views in Yeppoon
Lindsay Cooper of Resort Brokers Australia offers the management rights of Bayview Tower in central Queensland's Yeppoon, on the southern Great Barrier Reef.
Mantra Group acquires Art Series Hotel Group for $52.5m
Tim Crooks and Trudy Crooks from Resort Brokers Australia have brokered the acquisition of the Art Series Hotel Group by Mantra Group for $52.5 million.
Finbar announces $12.5m Perth serviced apartment sale to ZACD Group
ASX-listed Western Australian developer, Finbar Group Limited, has announced the sale of 64 studio apartments at its Aire West Perth development to Singaporean-based ZACD group.