SB&G to build new $50m Holiday Inn Express Hotel in Canberra
Melbourne-based property investment firm SB&G Hotel Group has confirmed development plans for a new $50 million hotel on its existing Crowne Plaza Hotel site in Canberra, scheduled to open in 2021.
AccorInvest Australian Hotel Portfolio for sale JLL Hotels
One of Australia’s largest hotel portfolios is for sale by AccorInvest, made up of 23 real estate assets and lease interests located across Sydney, Melbourne, Canberra, Brisbane and Perth, together with several major regional cities.
Abode Group has announced their new 180-room hotel, the Abode Braddon, will open in July next year being the seventh property within the Abode Hotels portfolio, securing their position as the largest accommodation provider within the ACT.
Two 27-storey glass towers at 113 and 100 metres tall are the jewels in the crown of Geocon’s Republic mixed-use development which will deliver 541 apartments and a 135-room Abode hotel.
The ACT Government has approved the $1 billion Republic development, the largest mixed-use project ever approved in the national capital, including the city’s tallest and highest building.
$35m Aria Hotel sale caps off strong year for Canberra market
Canberra’s hotel market continues to gain momentum as the nation’s stand out performer, with the sale of the Aria Hotel for $35 million capping off a strong year of sales activity for the nation’s capital.
Canberra tourism numbers sees Abode Group and GEOCON strengthen
The Abode Group, one of Australia's most dynamic integrated hospitality enterprises and manager of Canberra's largest hotel brand, Abode Hotels has multiple projects in its development pipeline including Canberra's largest ever mixed-use precinct, Republic.
New luxury hotel for Canberra's historic West Block buildings
The historic West Block buildings in front of new Parliament House will be restored and re-purposed to a magnificent luxury hotel following Geocon’s $6.25 million acquisition of the site from the Commonwealth.