Meriton Group announces North Ryde Suites for sale
The five-star serviced apartment complex, being the largest in the Macquarie Park area and developed by Australia’s largest apartment developer, is for sale through JLL's Hotels & Hospitality Group.
AccorHotels has completed its $5 million upgrade of the Mercure Penrith, undertaken by Mostaghim and Associates and Bespoke Interior Solutions, who now invite guests to be the first to experience the hotel’s newly refurbished guest rooms.
New hotel development opportunity for Sydney’s Iconic Sirius Building
Savills, on behalf of the NSW Government, has announced that a public sales campaign will commence for the divestment of the Sirius building, located at The Rocks, Sydney, with funds raised used to invest in new social housing across NSW.
After seven years of ownership, Pelathon has sold the leasehold of the popular Sydney pub to Universal Hotels in a deal negotiated by CBRE's Sam Handy and Daniel Dragicevich.
Construction completed of Sydney's West Hotel, Curio Collection by Hilton
Multiplex has completed the construction of M&L Hospitality's new boutique hotel at 65 Sussex Street in the Sydney CBD, located moments away from King Street Wharf and the new Barangaroo waterfront precinct.
Feros Group cashes in on the Rocksia Hotel for $36m
CBRE Hotels has sold the landmark Arncliffe property which was converted into a large format suburban hotel some ten years ago by Nick and Chris Feros, to Oscars Hotels, headed by brothers Bill and Mario Gravanis.
Grand Bondi Junction development to replace Cock’N’Bull Hotel
GJ Building & Contracting will be demolishing the old Cock’N’Bull Hotel in February 2018 to make way for Grand Bondi Junction, a new luxury mixed-use building designed by Bates Smart and developed by Iris Capital.
Sydney Airport's record performance with 43 million passengers in 12 months
Sydney Airport has for the first time facilitated a record 43 million passengers through its three terminals over the last 12 months, with October international passenger growth remaining strong at 5.8% versus the prior corresponding period.
Folkestone Funds Management Limited has announced that it has launched the Folkestone Green Square Hotel Fund to acquire and construct a 144 room hotel at 18 O’Riordan Street, Alexandria in Sydney's South.
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.
