Doma Group begins construction of Little National Hotel, Sydney CBD
Construction is now underway on Sydney’s first Little National brand hotel, boosting the CBD’s accommodation options and providing visitors with affordable luxury in a prime location when it opens next year.
Holiday Inn Wagga Wagga hotel to open early 2021 in 'The Mill' development
IHG will open a flagship regional Holiday Inn in Wagga Wagga in early 2021, alongside the adaptive re-use of the heritage-listed Murrumbidgee Flour Mill and Grainstore, one of Wagga’s most iconic locations.
Sydney Pub William Wallace Hotel for sale - HTL Property
One of Sydney Inner West’s favourite watering holes, the William Wallace Hotel in Birchgrove has been listed for sale with price expectations upwards of $5 million.
$700m Andaz Hotel development coming to Sydney CBD in 2022
Woods Bagot’s winning scheme for the new 55-story tower will be built in the city’s central business district at 4-6 Bligh Street. Creating two addresses—one for the 400-room hotel operated by Andaz Hotels by Hyatt and the other for commercial uses.
TFE to begin construction of Travelodge Hotel Hurstville
TFE Hotels has announced today that construction is about to begin on a new-build hotel, the Travelodge Hurstville, as part of a significant redevelopment project in Sydney’s southern suburbs.
Sydney pub The Duke of Gloucester 'Dog' Hotel for sale - HTL Property
One of Sydney's Eastern Suburbs pub institutions, the Duke of Gloucester Hotel, has been listed for sale by HTL Property's Sam Handy and Daniel Dragicevich with a price tag of $30 million.
The Star Entertainment Group to reduce single-use plastics
The Star Entertainment Group today announced a commitment to reduce single-use plastics across its 60 bars and restaurants, 7 hotels and corporate offices in Sydney, Brisbane and the Gold Coast.
Tighter yields and limited stock lead pub buyers to broaden their horizons - CBRE Hotels
Pub yields are continuing to tighten across most Australian states as buyers seek out quality assets and value-add opportunities, according to CBRE’s latest Pub Trends report.
"Demand for NSW pub assets to grow" - Nick Butler, Manenti Quinlan and Associates
Nick Butler of Manenti Quinlan and Associates suggests that barriers to entry in the sector will remain high for new players, as long as vendors choose the frequently adopted “off-market” strategy, ultimately limiting sales prices.
"Continued transactional appetite expected for the NSW pub market in 2019" - John Musca, JLL Hotels
John Musca, the National Director for JLL Hotels & Hospitality Group, expects buyer appetite to remain high with an increase in due diligence being undertaken by key publicans.
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.