IHG announces Crowne Plaza for Adelaide’s tallest building in 2020
Crowne Plaza Adelaide will return in 2020, bringing the leading upscale brand back to the city, bigger and better than ever at its new address in Adelaide’s tallest building, Frome Central Tower One.
Sydney's 27-room North Shore Hotel has sold in an off-market deal for $10m with buyer interest driven by the prospect of capitalising on the future growth of North Sydney’s commercial precinct.
Veriu expands to Melbourne with acquisition of Punthill Apartment Hotel Group
Having successfully established a Sydney network of bespoke hotels and suites, Veriu is set to expand interstate with the acquisition of 13 hotels under the well-known Punthill Apartment Hotel brand.
Kingfisher Bay Resort Group portfolio sold for $43 million
The portfolio including Kingfisher Bay Resort, Eurong Beach Resort, Fraser Explorer Tours and Fraser Island Ferries, all based on the World-Heritage listed Fraser Island, have collectively sold for $43 million to SeaLink Travel Group.
Naumi Hotels, the Singapore-based private hotel owner and operator is further increasing its presence in New Zealand with the purchase of two properties in a prime location in Wellington, New Zealand.
$35m Aria Hotel sale caps off strong year for Canberra market
Canberra’s hotel market continues to gain momentum as the nation’s stand out performer, with the sale of the Aria Hotel for $35 million capping off a strong year of sales activity for the nation’s capital.
