BPM Flinders Lane Melbourne hotel project sold to InterGlobe for $91 million
BPM’s 241-room DA approved Flinders Lane hotel in Melbourne has sold and settled to global investment fund, InterGlobe for $91.3 million - which will be managed by Toga Far East under the Quincy hotel brand.
Barnes Capital and IHG brings new voco hotel brand to Yarra Valley
Entrepreneur Martyn Barnes has signed a management agreement to badge his new 170-room Yarra Valley hotel as voco™, IHG’s new upscale hotel brand, making it the second voco signing for Australia set to open in 2021.
The Savoy Hotel Little Collins Street Melbourne to open in October
The existing Vibe Savoy Hotel Melbourne on the corner of Spencer and Little Collins Street will undergo a multi-million-dollar refurbishment and re-open as The Savoy Hotel on Little Collins in October this year.
The Mitchelton Hotel joins MGallery by Sofitel network AccorHotels
AccorHotels has announced The Mitchelton Hotel & Spa, a $16 million hotel on the banks of the Goulburn Valley in Victoria has joined its boutique MGallery by Sofitel network.
Yarraville's Commercial Hotel, overlooking the Maribyrnong River in Melbourne’s West, has sold to a local value-add investor who plans to refurbish and reopen the pub which closed earlier this year.
The boom of new hotel development in Australia continues with the announcement of a new 200-key Hyatt Place hotel in Melbourne's Springvale to be completed in 2020, which will be the 10th Hyatt branded hotel in Australia.
Hyatt Hotels has announced that a Hyatt affiliate has entered into a management agreement with Little Projects to open a 280-room Hyatt Centric hotel in Melbourne in 2020.
Melbourne's CBD to receive a dual-branded Hotel Indigo and Holiday Inn
IHG will open its first Australian dual-branded hotel by 2022 with the signing of Hotel Indigo Melbourne Little Collins and Holiday Inn Melbourne Bourke Street Mall, in the heart of the CBD.