InterContinental Double Bay hotel for sale by CBRE & Colliers
Sydney’s iconic InterContinental Double Bay hotel for sale by CBRE and Colliers on behalf of joint venture owners Fridcorp and Piety Group. Built in 1991 and originally launched as The Ritz-Carlton, the Bates Smart-designed 140-room hotel has been managed by IHG Hotels & Resorts for the past...
Neutral Bay The Oaks Hotel sold to Mosman family by JLL
Widely considered the greatest hotel in Australia, The Oaks Hotel sold to a Mosman family pub near the asking price of $175 million by JLL Hotels & Hospitality Group JLL Managing Director John Musca and JLL Senior Vice President Ben McDonald.
EVT secures multi property deal, welcomes Hunter Valley resort to Rydges
Rydges secures multi-year multi-property partnership. EVT and Dr Jerry Schwartz and the Schwartz Family Company (SFC) announced Rydges as the new operator of the Hunter Valley Resort, which is currently operated by IHG as Crowne Plaza Hunter Valley.
Plans lodged for “masterful” $700m, 59-storey Sydney hotel tower
Developer Holdmark has lodged a State Significant Development Application for a sculptural 59-storey hotel and commercial tower in the heart of Sydney’s CBD designed by global architecture studio Woods Bagot
One Circular Quay hotel The Waldorf Astoria Sydney sold to Fiveight - McVay and CBRE
Lendlease and Mitsubishi Estate Asia have exchanged contracts with Fiveight, the property company of Tattarang, for the sale and delivery of the hotel at their $3.1 billion One Circular Quay. The agents that managed the sale are Sam McVay from McVay Real Estate and Michael Simpson from CBRE...
Dr Jerry Schwartz to launch the Hunter Valley Hospitality School, and announces plans for new bar and brewery venue in Newcastle
Dr Jerry Schwartz, is teaming up with the University of Newcastle to address the hospitality skills shortage by establishing a new training academy for the Hunter Valley.
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.
