Hotel market 2023 revamp: Global dry powder targets quality assets down under says Colliers
Foreign investment set to boost Australian hotel market 2023 transaction volumes, which will exceed the long-term average of $1.66 billion, with around $2.2 billion of expected deals says Colliers’ Head of Hotels for Transaction Services Karen Wales.
Damon Lunardello appointed General Manager of new Nesuto Docklands Apartment Hotel opening February 2023
Daiwa Living Nesuto is pleased to announce the appointment of Damon Lunardello as General Manager of Nesuto Docklands. Damon will lead the group’s first new-build apartment hotel opening in Victoria this February.
Blue Mountains Leura Gardens Resort for sale - CBRE Hotels
Leura Gardens Resort Blue Mountains for sale by Private investment company ARFW Pty Ltd. CBRE Hotels’ Wayne Bunz and Raymond Tran have been exclusively appointed to steer the Expressions of Interest campaign for the 4-star resort.
Mercure Pakenham freehold sold for almost $16m by Stonebridge
The freehold interest in the Mercure Pakenham sold to a Melbourne based investor for $15,800,000 on a sharp passing yield. The 64 room Mercure hotel sold on a leaseback for 20 years brokered by Stonebridge’s Rorey James and Kevin Tong in conjunction with Ben Wilson and Emma Dunne of Wilson...
NT Major Events Company announces Suzana Bishop new CEO
The Territory’s peak body for events, Northern Territory Major Events Company (NTMEC), has recruited highly respected major events and tourism professional Suzana Bishop as the organisation’s new Chief Executive Officer (CEO).
Salter Brothers confirm their acquisition of Spicers Retreats
Paul Salter, Managing Director of Salter Brothers said “This is an exciting acquisition and a great fit for our strategy to acquire unrepeatable assets in amazing locations, targeting the luxury retreat market, which continues to grow globally. “The Spicers Retreat brand is well-established, and...
c1854 Chateau Yering sold to ASX listed Elanor Investor Group by Burgess Rawson and HTL Property
ASX listed Elanor Investor Group has purchased the spectacular Chateau Yering in Victoria’s picturesque Yarra Valley in a deal brokered by Burgess Rawson and HTL Property.