ErdiGroup's Hotel Urban Brisbane sold to Facilimate for $31 million
ErdiGroup today announced it has finalised the sale of the 4-star, 11 storey Hotel Urban Brisbane for $31 million to purchasers Facilimate, in a deal brokered by Neil Scanlan and Leo Carne of Colliers International.
Darwin and Gold Coast top hotel performers edging out Cairns, CBRE Hotels MarketView report
Gold Coast and Darwin shone as Australia’s best performing hotel markets over the last 12 months, edging Cairns from the top spot as reported by CBRE’s latest Hotels MarketView report for Q2 2018.
Yuhu's Jewel Gold Coast luxury hotel and apartment development tops out
Yuhu Group Australia’s much-anticipated Jewel development, the first absolute beachfront resort development on the Gold Coast in more than 30 years, has topped out with its central tower reaching 47 storeys and a maximum height of 170 metres - set to open mid next year.
Crystalbrook Collection recruitment campaign to attract over 500 jobs in Cairns
With Crystalbrook Collection's first resort property 'Riley' opening in Cairns November 2018, the pre-opening team are looking to fill over 150 roles in the next 100 days.
Pellicano announces Quest as apartment hotel operator for $182m development portfolio
Pellicano has secured Quest as the apartment hotel operator for four mixed-use projects that in total will deliver 328 rooms and 99 residential apartments set to be completed by 2020.
Kokoda’s Chester and Ella management rights business has sold for $4.632 million to one of Australia’s largest, privately-owned operators, Aurora Assets Management Group.
First management rights sold in NSW for almost a decade and Brisbane's Chester and Ella deal
The management rights to the 175-unit One A at Erskinville and 100-apartment Ashfield Central developments in Sydney have sold along with the management rights to Kokoda’s Chester and Ella development in Brisbane - brokered by Tim Crooks of Resort Brokers.
Get to know Tim Crooks of Resort Brokers Australia
Tim Crooks, who has forged a reputation as arguably Australia’s foremost expert on off-the-plan permanent residential and short-term accommodation management rights, talks exclusively with The Hotel Conversation and gives his insights into this growing sector.
Best Western Plus Lake Kawana Hotel for sale Sunshine Coast
The freehold going concern of the 4.5 star Best Western Plus Lake Kawana Hotel has been listed for sale, 20 minutes from the Sunshine Coast International Airport.
Tamborine Mountain's Bavarian Grill and Brewery for sale
For the first time in its 16-year history, Tamborine Mountain’s landmark Bavarian Grill and Brewery restaurant on Main Western Road is for sale through Resort Brokers and LJ Hooker Broadbeach.
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.
