MA Financials’ Sydney venues Kinselas Hotel and Courthouse Hotel Taylor Square sold to Virtical $61m by Savills
Sydney venues Kinselas Hotel and Courthouse Hotel Taylor Square sold to Property developers Virtical, through Nick Lower and Tony Bargwanna of Savills Australia. These deals take Virtical’s recent acquisitions to over $120 million in combined value.
Waverley Estate Port Elliot for sale - Cushman & Wakefield and Woodbridge Iles
"French Provincial" Waverley Estate accommodation South Australia for sale through Sam Alexander and Jed Harley of Cushman & Wakefield, and Russell Iles of Woodbridge Iles.
Baillie Lodges Appoints Justine Lally General Manager Marketing and Communications
Baillie Lodges Chief Operating Officer Craig Bradbery said the company was delighted to have secured a tourism marketing professional of such high standing as Justine Lally for the key management role.
Victorian Short Stay Levy strikes the right balance says Accommodation Australia
Accommodation Australia (AA) has welcomed the announcement that hotels, pubs offering accommodation and regulated accommodation providers will not be targeted by the Victorian Short Stay Levy.
Mulpha secures approval to develop a $200 million 17-storey lifestyle hotel in Sussex Street Sydney
Mulpha CEO Greg Shaw said “We are thrilled to receive approval for this new age hotel that will contribute to the ongoing rejuvenation of the southern CBD into one of the most vibrant areas of Sydney for visitors, residents and workers.”
The Calile Hotel named No.12 The World’s Best 50 Hotels
The Calile Hotel managed by TFE Hotels has been named No.12 and The Best Hotel in Oceania in the inaugural The World’s 50 Best Hotels awards announced in London this morning.
Award-winning commercial agent Benson Zhou Joins Savills Hotels team
Benson is well-positioned to progress his career within the growing Hotels division, said Mark Durran, Managing Director of Hotel Capital Markets at Savills Australia. Benson has an innate understanding of commercial property markets, strong multilingual communication skills and the ability to...
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.