Tweed Heads Land Lease Community sold circa $24m by HTL Property
The 224 home Land Lease community Palms Village sold on a yield of 5.35% by HTL Property Director’s Andrew Jackson and Paul Nyholt for approximately $24 million.
Jason Vogler joins Ras360 strengthens hospitality and motel brokerage team
Ras360 Property Solutions welcomes Jason Vogler as a Senior Broker, specialising in accommodation and hospitality assets across Queensland and New South Wales.
Redcape expands with $66m acquisition The Prince Consort and Saltwater Creek Hotels sold by TBRE
MA Redcape Hotel Fund (Redcape) continues to strengthen its portfolio with the acquisition of two more freehold assets, The Prince Consort in Brisbane’s Fortitude Valley and Saltwater Creek Hotel in Helensvale for a combined $66 million.TBRE’s Tony and Molly Bargwanna were the exclusive...
Luxury Lodges of Australia welcomes Orpheus Island Lodge and Pelorus Private Island to the Collection
Luxury Lodges of Australia Executive Chair Penny Rafferty said the addition of Orpheus and Pelorus added depth and diversity of luxury lodge access to locations and experiences across the 2,300km (1,450-mile) expanse of the Great Barrier Reef.
Marriott International sets record growth in APEC with 100+ signed deals in 2024
With record annual deals and rooms signings, Marriott International APEC region added over 21,000 rooms to its development pipeline in 2024, driven by strategic conversion and multi-unit agreement strategy.
Hotel Investment Quest Springfield Central for sale by Savills
Nick Lower, National Director, Hotels at Savills Australia and New Zealand, highlighted the unique opportunity presented by this sale saying, “This is a rare chance to secure a prime hotel asset for sale in Springfield’s commercial precinct.
Accor Introduces a New Era of Meetings & Events in the Pacific
Accor, the largest hotel operator in Australia and New Zealand, is proud to unveil its elevated meetings and events offering, bolstered by major refurbishments and the launch of new hotels designed to inspire and connect.
Hook Island unveils plans for World-Class Eco-Lodge
Epochal Hotels’ CEO Glenn Piper, alongside a small group of dedicated investors, acquired the leasehold in 2022 with the vision of restoring this paradise which was left severely impacted by cyclones.
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.
