$15 million DA approved luxury hotel site for sale in Melbourne's Southbank
63-69 City Road Southbank is for sale for the second time in just over 2 years nearby to Eureka Tower, Prima Pearl and the Australia 108 by a global marketing campaign undertaken by Allard Shelton.
IHG and Franzé to bring Holiday Inn and Suites to Geelong in 2020
IHG today have announced a 20-year management agreement with Franzé Developments to open and operate Holiday Inn and Suites Geelong, the largest and first new hotel in the city in nearly 20 years.
JV announced for new $600 million 85 Spring Street hotel development
Property developer, Golden Age Group and Starwood Capital Group, a global private investment firm, have announced a joint venture to manage the hotel component of Golden Age’s new $600 million mixed-use development in Melbourne’s CBD.
Expansion continues for Mantra Group with new hotel opening in 2018
Mantra Group has secured the management agreement to operate Mantra on City Road, a landmark new-build 46 storey hotel in the heart of Southbank in Melbourne.
Construction begins on the new $70 million Mantra Epping Hotel
Developed by Too Build and to be operated by Mantra Group when it opens in mid-2019, the 214-room, four-star Mantra Epping Hotel has been designed to capitalise on both the history of the northern suburbs and the unique attributes of Epping.
Continental Hotel in Mornington Peninsula's town of Sorrento for sale
An opportunity to undertake one of the most significant mixed-use developments on the Mornington Peninsula has been brought to market by CBRE’s Scott Callow and Mark Wizel, with the listing of the iconic Continental Hotel, Sorrento – with a price tag of more than $20 million.
Melbourne property developer Steller buys former Greyhound Hotel for $7.5 million
The site of St Kilda’s iconic former Greyhound Hotel sold for $7.5 million in a deal brokered by Savills Clinton Baxter, Jesse Radisich and Nick Peden following the hotel's controversial demolition earlier this year.
Saraceno Group's $1 billion project to feature Mantra M-City Hotel
Mantra Group will operate the hotel and letting apartment component of Saraceno Group's $1 billion mixed-use development in Clayton, one of the fastest growing employment corridors in Melbourne's south-east.
Marina Towers Melbourne development completed months ahead of schedule
Probuild has delivered Melbourne’s first leaning building, the mixed-use development Marina Towers Melbourne, months ahead of the contracted program including the Four Points by Sheraton Hotel.
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.