Waterfront Port Macquarie CBD Motel Sold by HTL Property on Sharp Yield
Located in the Port Macquarie CBD, the freehold interests in the Mid Pacific Motel sold for $9m on a sharp yield through a marketing campaign coordinated by HTL Property’s National Accommodation Director, Andrew Jackson; and Paul Nyholt, the QLD Accommodation Director.
Corindi Beach Hotel sold to North Coast Hotel Group by JLL
Corindi Beach Hotel on the NSW Coffs Coast sold by JLL Hotels Senior Vice President Kate MacDonald and Vice President Greg Jeloudev were exclusively appointed to manage the on-market sale process on behalf of Kelly & Co Hotels.
Trilogy Hotels secures landmark deal with Schwartz Family Company
The first of its kind in Australia the deal will see the Trilogy team manage operations for more than 1000 rooms across four hotels in NSW and the ACT. Hotels included in the deal are Mercure Sydney, Ibis Sydney World Square, Mercure Canberra and Fairmont Resort Blue Mountains.
The NRMA tourism business has acquired the Broulee holiday park, midway between Batemans Bay and Moruya.
NRMA Parks and Resorts Chief Executive Officer Paul Davies said the addition of Broulee to the portfolio offered great value for its members and holidaymakers on the New South Wales South Coast.
HTL Property Achieves Strong Sale of Residential Park Asset in the Lake Macquarie Region
HTL Property, has successfully sold the Sunstrip Park, a premium Residential Land Lease Community located in the highly sought-after Lake Macquarie Region. Sunstrip Park sold by Andrew Jackson, National Director of HTL Property’s Accommodation brokerage business.
Marriott International second Moxy Hotel Sydney to feature Sydneys highest rooftop bar on level 34
New-build Moxy Sydney Pitt Street expects to feature 314 rooms, located in the heart of Sydney’s CBD at 371 Pitt Street. This signing comes only months following the opening of the landmark 301-room Moxy Sydney Airport, the first hotel for the spirited and experiential brand in Australia.
IHG Hotels & Resorts continues voco’s growth momentum with new signing in Gosford with ALAND
IHG Hotels & Resorts (IHG) announce the signing of the seventh voco in Australasia, partnering with leading Sydney developer ALAND to open voco Gosford in regional New South Wales in early 2025. The brand-new voco Gosford will form part of Archibald by ALAND, a landmark mixed-use development...
Redcape releases Unanderra in $15m pub deal – JLL Hotels
Unanderra Hotel sold for circa $15m on behalf of Redcape Hotel Group through JLL Managing Director John Musca and Executive Vice President Ben McDonald.