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.
Hotel investors ride out economy at high end of town as Premium assets redefine market - Colliers
Transaction volumes for Premium hotels increased by 20.9% last year, as investors bet on continued high-performance and resilient pricing, according to Colliers Hotels Investment Review 2023 commented Colliers Head of Hotels Transaction Services Karen Wales.
The Australian Hotel Nowra for sale by HTL Property, with agents Sam Handy, Dan Dragicevich and Blake Edwards steering the sale campaign. The unrenovated hotel for sale is prominently located upon a 2,665 sqm site within the heart of the Nowra CBD; and is one of only two pubs situated on the...
La Vie Hotels & Resorts appoint Sam Giles General Manager 202 Elizabeth a defining step
According to Jerry Xu, CEO of La Vie Hotels & Resorts, Sam’s appointment is a defining step in building out their boutique hotel offering and capitalising on the growing demand from travellers for a more personalised hotel experience. We have big plans to grow our boutique portfolio across...
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.
Domestic buyers dominate hotel transactional activity in 2023 - Cross-border capital ready to make their moves in 2024 says Savills
Notwithstanding domestic buyers dominating hotel transactions in 2023, Australia remains a preferred destination for international hotel investors particularly from Asia and the Savills Asia Pacific team continues to experience strong levels of interest from investors across the region.” said...
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.
The Railway Hotel Windsor for sale, with its entry-level price point set to attract intense interest from the owner/operator market seeking a metropolitan Sydney freehold with genuine upside. The freehold hotel for sale by HTL Property, with Directors Sam Handy and Blake Edwards.
TFE Hotels announce the signing of the WMK-designed, Adina Apartment Hotel Chermside Brisbane, set to open in 2025
The signing of Adina Chermside Brisbane is a significant milestone for TFE Hotels, providing an opportunity for us to expand our Adina footprint from two hotels to three in the powerhouse state of Queensland,” says TFE Hotels’ Group Chief Operating Officer, Chris Sedgwick.
Hotel investors still on the lookout amid COVID-19 - CBRE Survey
The Australian hotel industry remains cautiously optimistic about medium-term investor appetite amid the COVID-19 pandemic, according to CBRE Research’s latest Hotel Market Survey.
Emerging 'dark kitchen' trend among food retailers - CBRE
As Australia’s hospitality retailers look towards delivery services to bolster business during the COVID-19 pandemic, CBRE has released a report on the emerging dark kitchen trend feeding Australia’s growing meal delivery economy.