Travel + Leisure Co. acquire Yushi Chikumakan resort Chikuma City Nagano Japan
Barry Robinson, President and Managing Director, International Operations, at Travel + Leisure Co. announced the acquisition and that the 36-room Ryokan Yushi Chikumakan resort wil rebrand to Club Wyndham Chikumakan Nagano.
Waterfront Port Macquarie CBD Motel Sold by HTL Property on Sharp Yield
Located in the Port Macquarie CBD, the freehold interests in the Mid Pacific Motel sold for $9m on a sharp yield through a marketing campaign coordinated by HTL Property’s National Accommodation Director, Andrew Jackson; and Paul Nyholt, the QLD Accommodation Director.
Corindi Beach Hotel sold to North Coast Hotel Group by JLL
Corindi Beach Hotel on the NSW Coffs Coast sold by JLL Hotels Senior Vice President Kate MacDonald and Vice President Greg Jeloudev were exclusively appointed to manage the on-market sale process on behalf of Kelly & Co Hotels.
The NRMA tourism business has acquired the Broulee holiday park, midway between Batemans Bay and Moruya.
NRMA Parks and Resorts Chief Executive Officer Paul Davies said the addition of Broulee to the portfolio offered great value for its members and holidaymakers on the New South Wales South Coast.
JLL's Hotels & Hospitality Group confirm the sale of Vali Byron Bay in what is the first hotel transaction above $20 million in the tourism mecca since 2019. The transaction was negotiated by Andrew Langsford, Gareth Closter, and Taylor O'Brien of JLL Hotels & Hospitality Group.
Savills Hotels announce the Four Points by Sheraton Melbourne Docklands Hotel sold in a A$96 million off-market transaction
The A$96 million off-market transaction that was brokered through Savills Hotels Mark Durran and Nik Sasic via a confidential off-market international sale process. MA Financial has entered into binding agreements to acquire the hotel from Singapore based company Hiap Hoe Limited’s subsidiary...
Serene Capital and TFE Hotels announce partnership in the ownership of Adina Apartment Hotel Barrack Plaza Perth
TFE Hotels’ Group Chief Operating Officer, Chris Sedgwick, said Adina Barrack Plaza was the third hotel that Serene Capital and TFE Hotels had partnered on in Australia, following the success of Vibe Hotel Perth Subiaco (WA) and Adina Serviced Apartments Canberra Dickson (ACT).
ResortBrokers Directors Alex Cook and Tim Crooks have settled one of the largest management rights transactions in Brisbane with the sale of Gabba Central Apartments.
The off-market deal saw the management rights to the 272-apartment complex, opening to 317 keys, change hands rights from vendor Collective Hotel Management to a private syndicate for more than $10 million. Gabba Central Apartments management rights sold by ResortBrokers Directors Alex Cook and...
Largest Hotel transaction on the sunshine coast in over five years - JLL
ARLC - Australian Rugby League Commission secures highly regarded Sunshine Coast hotel Mercure Kawana Waters sold by JLL Hotels & Hospitality Group’s Gareth Closter.
Choice Hotels Asia-Pac expands its presence in Australia with the acquisition of the City Edge Apartment Hotels franchise brokered by ResortBrokers
The new additions double Choice Hotels Asia-Pac's portfolio in the highly competitive inner city Melbourne market, adding 271 apartment-style rooms across five prime locations near key business hubs - South Melbourne, North Melbourne, Melbourne CBD, East Melbourne, and Box Hill.
