'The Wickham' Hotel Brisbane Fortitude Valley sold off market for $14m
The freehold interest of The Wickham Hotel in Brisbane's Fortitude Valley has sold for $14 million to a private Sydney investor, representing a yield of 5.62%, a record for a freehold pub asset within Queensland over the past 10 years - brokered by Tom Gleeson of JLL's Hotels and Hospitality...
‘Hotels of the Future’ changing Australia’s hotel industry today
A new Tourism Accommodation Australia research report released today highlights the dramatic expansion and transformation of Australia’s hotel industry, with a new generation of hotels being developed to cater for a new era of travel.
Event Hospitality signs three new hotels from 8Hotels Group
Currently managed by the 8Hotels Group, The Ultimo Sydney, The Pensione Hotel Perth and All-Suites Perth will come under new management by Event Hospitality from 29 October 2018.
Crystalbrook Collection announces opening date for Cairns 'Riley' Hotel
Crystalbrook Collection will be launching Cairns' first new five-star hotel in over 20 years, the 'Riley', on 6 November 2018 - and have scheduled their other two luxury hotels to open mid and late 2019.
McLaren Vale winery Wirra Wirra new hotel development
Wirra Wirra will partner with Greaton on a project to build the first five-star accommodation of scale in the McLaren Vale wine region and the first integrated winery resort of its type in South Australia.
Qantas to partner with Cathay Pacific set to boost Australian tourism numbers
Cathay Pacific and Qantas customers are set to benefit from a new codeshare agreement that leverages the strengths of each carrier’s regional networks and provides more options for customers travelling between Australia and Asia.
Dr Jerry Schwartz donates first night profits to Aussie Farmers
Dr Jerry Schwartz has pledged to support Australia’s embattled farmers by donating the profits from his first night as owner of the new Four Points by Sheraton at Sydney’s Central Park.
Damian Griffiths' Limes Hotel sold in Brisbane's Fortitude Valley
The Limes Hotel in Brisbane's Fortitude Valley has been sold to private investors for a rumoured price of up to $6 million, in a deal brokered by CBRE Hotels' Hayley Manvell, Paul Fraser and Wayne Bunz.