Veriu Group’s Punthill brand the first hotel to open in Maitland in 10 Years!
Maitland Mayor Philip Penfold joined Veriu Group CEO Zed Sanjana, and developer Panthera Group, in a sod turning ceremony to commemorate the start of the Veriu’s first Punthill property build in regional NSW.
CBRE Hotels has expanded its operation with the appointment of industry expert Ritika Diwan as a Director in its Sydney-based Capital Markets team. CBRE Hotels Managing Director Michael Simpson said. “The appointment of Ritika Diwan will reinforce our ability to provide a market-leading service...
Window of opportunity: The current hotel investment market-Colliers
Colliers’ Australian Hotel Investment Market Report H1 2022 reveals shifts in vendor and purchaser movements,by Karen Wales, National Director, Asia Pacific, Hotels Transaction Services, Colliers.
Entertainment precinct Townsville waterfront, Flinders Street Wharves for lease - JLL
Flinders Street Wharves (FSW) is creating Townsville’s premier waterfront entertainment precinct and is exclusively for lease by JLL Hotels & Hospitality Group.
Sunshine Coast smashes records with one Management Rights settling on average every 14 days in past financial year
ResortBrokers Sunshine Coast team has racked up $44 million in Management Rights’ sales in the area in the past financial year alone, including a number of high-profile record deals. Brokers Glenn Millar and Chenoa Daniel sold 26 Management Rights in the past year.
IHG Hotels & Resorts celebrates 60 years in Australia, ringing in a suite of Diamond anniversary celebrations
IHG Hotels & Resorts is proud to be celebrating the Diamond anniversary of its brands in Australia, marking an impressive 60 years since a legendary InterContinental property became the first international hotel in the country.
JLL advises on landmark Hilton Sydney Hotel Transaction
JLL Hotels & Hospitality Group today announced that it has negotiated the transaction of the Hilton Sydney Hotel, the largest single asset hotel deal ever closed in Australia. The hotel was acquired by Barings Private Equity Asia (“BPEA”) for approximately A$530 million (US$370 million) and...
CBRE advises Aldar on DoubleTree by Hilton Resort transaction in Ras Al Khaimah USD 221 million
Global real estate advisor CBRE has provided valuation and technical due diligence advisory services to Aldar Properties PJSC on the purchase of DoubleTree by Hilton Resort & Spa, Al Marjan Island for USD 221 million (AED 810 million). Ali Manzoor, Head of Hotels & Tourism at CBRE Middle...
TAA (Vic) bolsters advisory committee in lead up to intended merger
As the intended merger between Tourism Accommodation Australia and the Accommodation Association continues to gather momentum, TAA (Vic) has added two senior hoteliers to its advisory committee ranks. David Tonkin, Cluster General Manager, Melbourne – Pan Pacific Hotel Group and Sandra Smith,...
Caravan Parks underpinned by large land holdings in demand says Ray White Commercial
Caravan and tourist park assets are often positioned in between travel routes and growing regions and cities, says Ryan Langham and Nathan Huxham from Ray White Commercial Burleigh Group who have listed 5 Caravan Parks for sale in the last few weeks stretching from Dunk Island through to Ballina...
