Hotel Cairns has been sold to a New Zealand-based family following an Expression of Interest campaign conducted by CBRE Cairns Managing Director Danny Betros and CBRE Hotels National Director Wayne Bunz.
Pelathon Management has acquired the Grand Hotel in Cairns and two adjoining sites for $8.5 million, in a deal negotiated by CBRE Hotels Director Paul Fraser and CBRE Cairns Managing Director Danny Betros.