Mantra Group acquires Art Series Hotel Group for $52.5m
Tim Crooks and Trudy Crooks from Resort Brokers Australia have brokered the acquisition of the Art Series Hotel Group by Mantra Group for $52.5 million.
The Alberg Hotel on Mount Buller, the most visited ski field in Victoria, is for sale through Jim Chapman and Damien Loorham of Resort Brokers Australia.
Jim Chapman, Victorian State Manager of Resort Brokers Australia is marketing the serviced apartments which commenced trading in April 2014 on behalf of the Quest Apartment Hotels Group.
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.