Picturesque and profitable – Sarina Beach Motel for sale by JLL
The Sarina Beach Motel for sale by JLL Hotels & Hospitality Group’s Mark Walsh and Gareth Closter, beachfront location just 30 minutes from the Mackay airport, price guide of $6 million, representing a desirable yield of circa 13%.
Redfern’s Hotel Hacienda for sale Knight Frank & Adam Charles
The hotel consists 63 studio rooms, fully operational Mexican themed restaurant, Tacos Muchachos, a rooftop terrace, 12 car space basement and a 24-hour on-site liquor licence for sale by Demi Carigliano and Anthony Pirrottina of Knight Frank in conjunction with Adam Bodon of Adam Charles.
Accor joins new Australian Restaurant and Cafe Association as founding hotel partner
Australia’s largest hotel operator, Accor, has added its weight as Founding Hotel Partner of the newly created Australian Restaurant and Café Association (ARCA), established to respond to the economic challenges facing the local hospitality industry by renowned industry figures, including Neil...
JLL facilitates the successful sale of iconic Mantra Bathurst Hotel sold at 34% premium
JLL Hotels & Hospitality Group’s Andrew Langsford has facilitated the successful sale of the renowned Mantra Bathurst Hotel to a local owner-operator for $13million on behalf of the MA Real Asset Opportunities Fund, managed by MA Financial Group’s MA Growth Ventures team.
Reward Group completes the new Rydges North Sydney Hotel upgrade
The Reward Group team has partnered with High Street Holdings and EVT to transform the guest rooms, reception, bar, restaurant and conference facilities at the new Rydges North Sydney.
Ovolo Hotels, top row L to R: Nick Wright Ovolo hotels and Gitta Margaretha Ovolo Hotels. bottom row L to R: Roberto Russo Ovolo hotels and James Clark Ovolo Hotels
Brisbane shines as international delegates attend inaugural global sustainable tourism summit
Brisbane’s reputation as one of Australia’s fastest-growing sustainable destinations was cemented when it hosted the inaugural Global Sustainable Tourism Summit this month.
Sheraton Grand Mirage Resort Port Douglas GM Steve Molnar Australia’s Best Hotel General Manager for 2024
Travel + Leisure Luxury Awards Asia Pacific has named Sheraton Grand Mirage Resort Port Douglas General Manager Steve Molnar as Australia’s Best Hotel General Manager for 2024.
Club Wyndham Dunsborough unveils $5M room refurbishment
Club Wyndham Dunsborough, a leading beachfront resort in the Margaret River region, managed and developed by Travel + Leisure Co has officially unveiled a $5 million refurbishment of its 82 apartments.
