Hotel Bargo, in Bargo NSW sold to Andrew Ingram, who plans to modernise the offering with incremental changes to suit the community. Sold by JLL Vice President Greg Jeloudev, and Executive Vice President Ben McDonald.
Comfort Inn Clubarham and Comfort Suites Clubarham Golf Resort join Choice Hotels Asia-Pac
Leading hotel group Choice Hotels Asia-Pac welcomes the newest additions to its flagship Comfort brand with the Comfort Inn Clubarham and the Comfort Suites Clubarham Golf Resort.
Four-Star Hotel in Parramatta’s heart for sale by Savills
A Holiday Inn & Suites hotel Parramatta for sale with the benefit of a franchise agreement with InterContinental Hotels Group (IHG) under the globally successful Holiday Inn & Suites brand. Holiday Inn & Suites Parramatta Marsden for sale by Nick Lower and Selin Ince of Savills...
Byron Bay short-term rental cap a win for common sense: Accommodation Australia
Accommodation Australia (AA) national CEO Michael Johnson said it was good to see a stand being taken to bring more properties back to the long-term rental market.
ICON Developments and Icon Oceania announce plans for 229-key luxury lifestyle hotel in Sydney CBD
ICON Developments has announced a partnership with Sydney-based boutique developer Icon Oceania, as the joint venture prepares to lodge development plans for a 229-key hotel in the heart of Sydney CBD.
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.
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.”
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.
