ALH leased Sunshine Coast hotel investment sold by CBRE
Alexandra Headland’s Alex Hotel sold to Sydney-based family for $11 million on a yield of 6.19%. The beachfront hotel leased to Australian Leisure and Hospitality Group (ALH) sold by CBRE’s Louisa Blennerhassett, Rem Rafter and Paul Fraser who brokered the transaction on behalf of a Melbourne...
Brighton’s Savoy Hotel sold to Primeland for $120 million ultra-luxury residences - Knight Frank
Melbourne-based developer Primeland has announced the acquisition of one of Brighton’s most significant development parcels, the former Savoy Hotel, with plans to transform the site into a $120 million ultra-luxury apartment and townhouse project.Knight Frank’s Stephen Kelly, James Thorpe and...
Gold Coast’s Sheraton Grand Mirage Resort sold by Colliers, McVay Real Estate & JLL
Sheraton Grand Mirage Resort Gold Coast sold by Colliers, McVay Real Estate and JLL. Appetite for the renowned hotel indicates accelerated recovery of the sector will continue, following more than $1 billion in national hotel transactions over H1 2023, according to Colliers.
Choice Hotels Asia-Pac scores record-high month for room nights booked in Q1
Choice Hotels Asia-Pac is continuing to report robust results in the first quarter of 2023, with the leading hotel group enjoying its biggest-ever month for direct online bookings and corporate sales in March of this year.
Upper Hunter Freehold of The Royal Hotel sold by JLL Hotels & Hospitality Group
The freehold going concern interest in the Royal Hotel Scone sold on behalf of Kelly & Co Hotels, led by popular publican Rodney ‘Ned’ Kelly. The Royal Hotel sold by JLL Vice President Greg Jeloudev, Executive Edward Browne, and Senior Vice President Kate MacDonald.
Highly anticipated Hotel Morris & Bar Morris to open next week, with young culinary star on the rise Rosy Scatigna as Head Chef
Housed within a striking Italian renaissance building, Hotel Morris – Handwritten Collection will open on 14 June as an 82-bedroom boutique hotel and evocative bar, where Italian influences intertwine with Australian heritage.
Ibis Budget Dandenong and Ibis Budget Fawkner for sale by JLL
Two of Melbourne’s best performing metropolitan hotels for sale. The ibis Budget Dandenong and ibis Budget Fawkner for sale in-one-line or individually by JLL Hotels & Hospitality’s Peter Harper and Nick MacFie.
