Hilton Surfers Paradise sold for $70m to Jerry Schwartz
Australia’s largest private hotel investor, Dr Jerry Schwartz, has made his first foray into Queensland hotel property with the $70 million purchase of the five-star Hilton Surfers Paradise from the Chinese group, Ja Feng.
World-renowned hotel heavyweights, KSL Capital, have entered into a strategic partnership with Australian luxury lodge pioneer Baillie Lodges, in a deal brokered by Tom Gibson, Vice President of Investment Sales, JLL Hotels & Hospitality Group.
ibis Sydney World Square unveils $4 million refurbishment
AccorHotels has unveiled a new-look ibis Sydney World Square, following an impressive $4 million refurbishment of the premium economy hotel, completed just in time for summer in Sydney.
MONA lodges new plans for $400m 'Motown' hotel, replacing 'HoMo'
Tasmania's Museum of Old and New Art has applied for planning approval for 'Motown', a 176-room $400 million hotel development replacing 'HoMo' slated to open in 2024.
Choice Hotels extends franchise partnership with Clarion Suites Gateway Melbourne CBD hotel
Choice Hotels Asia-Pac, one of the region’s leading hotel franchise groups, has extended its franchise partnership with Melbourne CBD property, Clarion Suites Gateway.
Ascott Raffles Place Singapore Hotel sold for $353.3 million
The Ascott Raffles Place Singapore has sold for $353.3 million to private investor Cheong Sim Lam, in a deal brokered by Shaun Poh of Cushman & Wakefield.
Happy holidays from The Hotel Conversation! We look back at a booming 2018 and recap our top 20 most read articles from across Australia, New Zealand and South Pacific.
IHG's voco brand coming to Hunter Valley early 2019
IHG will give its Kirkton Park property in the NSW wine region a refresh and rebrand it as voco Kirkton Park Hunter Valley, making it the fourth signing in Australia since IHG launched the upscale voco brand globally in June.