Savills Hotels announce the Four Points by Sheraton Melbourne Docklands Hotel sold in a A$96 million off-market transaction
The A$96 million off-market transaction that was brokered through Savills Hotels Mark Durran and Nik Sasic via a confidential off-market international sale process. MA Financial has entered into binding agreements to acquire the hotel from Singapore based company Hiap Hoe Limited’s subsidiary...
Langham Hospitality Group appoints André Jacques as Regional Director of Marketing, Pacific!
André Jacques was previously the longstanding head of Sales and Marketing at The Langham, Melbourne. Reporting directly to Jeffrey van Vorsselen, Regional Vice President of Operations, Pacific, André will now oversee marketing initiatives across the Pacific region, including The Langham...
Australian hotel investment surges in 2023, on the back of improved liquidity and a strong trading recovery says JLL
Driven by improved investor sentiment, a continued trading recovery, and several landmark transactions, the hotel investment landscape in Australia experienced strong growth in 2023. Hotel investment volumes (≥ A$5m) reached A$2.43 billion, showcasing a year-on-year increase of 26% and...
ResortBrokers Directors Alex Cook and Tim Crooks have settled one of the largest management rights transactions in Brisbane with the sale of Gabba Central Apartments.
The off-market deal saw the management rights to the 272-apartment complex, opening to 317 keys, change hands rights from vendor Collective Hotel Management to a private syndicate for more than $10 million. Gabba Central Apartments management rights sold by ResortBrokers Directors Alex Cook and...
Grand Pacific Hotel Wollongong development for sale with ResortBrokers
ResortBrokers has been engaged to sell Grand Pacific Hotel Wollongong, a new 96-room upscale hotel currently under construction in the heart of Wollongong’s CBD. Grand Pacific Hotel Wollongong for sale by ResortBrokers Managing Director Trudy Crooks, who is handling the sale in conjunction with...
Choice Hotels Asia-Pac expands its presence in Australia with the acquisition of the City Edge Apartment Hotels franchise brokered by ResortBrokers
The new additions double Choice Hotels Asia-Pac's portfolio in the highly competitive inner city Melbourne market, adding 271 apartment-style rooms across five prime locations near key business hubs - South Melbourne, North Melbourne, Melbourne CBD, East Melbourne, and Box Hill.
The Professional Tennis Players Association Unveils New Official Global Partnership with Hilton
We are thrilled to announce our global partnership with the Professional Tennis Players Association (PTPA), further extending our Hilton hospitality to some of the world's finest athletes with memorable stays at all of our 22 hotel brands," said Mark Weinstein, chief marketing officer, Hilton...
Digital Infrastructure Is Your Smartest Budget Investment This Year
It is never easy convincing hotel owners and senior management to invest in new systems and tools at budget season. Written by: Jurgen Ortelee, Managing Director - APAC, IDeaS Revenue Solutions
The popular Mornington Peninsula Rye Beach Motel sold in excess of $3M by Colliers
The fully operational and well-located motel sits on a large corner allotment possessing a land area of 2,384 sqm providing a favourable General Residential Zone 1 (GRZ1), selling for $3,280,000. Colliers’ agents James Zhuang and Lucas Soccio have secured the sale of Rye Beach Motel.
L to R: Jasmin MacMillan Director of Sales, Groups & Meetings, Mitchell Hacene Senior Director of Sales - Luxury & Lifestyle Hotels Portfolio and Neerav Gorasia Director Hotel Performance for Pro-invest Hotels.
Pro-Invest Group Looks To 2024 - New Appointments to Drive Performance of Growing Hotel Portfolio
Pro-Invest Group’s Chief Operating Officer for Hotels, Shantha de Silva has announced a suite of appointments for roles in sales, revenue and commercial performance, kick-starting the new year with a dynamic team of leaders to support their growing portfolio of hotels in Australia and New...
