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.
Following a highly publicised international marketing campaign launched late last year, Bondi’s iconic Level 3 Icebergs has been sold by John Singleton to the O’Brien Group, Australia’s largest privately-owned hospitality, entertainment and leisure company.
Sheraton, Westin and Denarau Fiji hotel resorts sold for $280m
The Sheraton Fiji Resort, The Westin Denarau Island Resort & Spa and the Denarau Golf & Racquet Club have sold for FJD $280m (AUD $179m) to the Fiji National Provident Fund (FNPF) in a deal brokered by Rob Cross of CBRE Hotels.
Marriott International announces vision for Sheraton transformation
Marriott International has announced its transformation vision for Sheraton Hotels and Resorts, the third largest brand in its portfolio which generates $9.2 billion in property revenue globally and currently consists of nearly 450 open hotels.
With the future for hospitality in Auckland looking bright, AccorHotels is set to debut its latest property, the 130-key SO Sofitel Auckland in October 2018.
Friday's opening of the 312-room W Hotel Brisbane marks the brands re-entry into Australia - Delivering an intoxicating mix of fast-paced urban style and modern design; a welcome addition to Brisbane's growing tourism sector.
Operator sought for 6-star $600m Lindeman Island redevelopment
Chinese tycoon William Han has begun an International operator search for Lindeman Island's $600 million redevelopment into an integrated luxury 6-star and 5-star Beach and Eco-Resort set to be completed by 2022.
Jerry Schwartz's Four Points by Sheraton hotel in Sydney's Broadway opening August 2018
Following the opening of the Sofitel Sydney Darling Harbour in October last year, Australia's largest private hotel owner Dr Jerry Schwartz, is preparing for his latest opening this August when the Four Points by Sheraton opens at Central Park.
New luxury hotel possible with Sydney's Sirius Building for sale
The sale of the Sirius Building in The Rocks has opened the doors for hotel developers to create a new hotel icon in Sydney, with flexible zoning allowing for repositioning of the existing structure or a compete demolition and rebuild.
Wyndham Hotel Group has announced its second TRYP by Wyndham property in Australia – TRYP North Lakes – part of the $250 million, 1.7 hectare Laguna North Lakes development opening in 2021.
