Choice Hotels Asia Pacific has signed a 15-year Master Franchise Agreement with Suba Group of Hotels India
Choice Hotels India will transition from a direct franchise market to a master franchise model with Suba Group of Hotels. Choice Hotels Asia-Pacific CEO Trent Fraser said: “We’re incredibly excited to work with Suba Group of Hotels as we look to the next 15 years of portfolio growth for Choice...
Cross Hotels & Resorts Extends Its Reach To Idyllic Lombok
Cross Hotels & Resorts has signed a hotel management agreement (HMA) with PT. Origin Resorts Lombok that welcomes Away Lombok Mandalika and Amber Lombok Beach by Cross Collection to its growing portfolio.
Marriott International appoints Peter Minatsis to open Le Méridien Melbourne
Marriott International announces Peter Minatsis General Manager Le Méridien Melbourne, set to open early 2023. Sean Hunt, Area Vice President, Australia, New Zealand and Pacific, Marriott International, said, “I am delighted to welcome Peter Minatsis to lead the re-introduction of the...
JLL advises Universal Enterprises and Marriott International on Maldives hotel portfolio sale - JLL
JLL today announced that it advised on the successful sale of the Sheraton Maldives Full Moon Resort & Spa and the W Maldives to a global private equity investor for an undisclosed sum. The deal represents the first ever hospitality portfolio transaction to have taken place in the Maldives...
Australian Venue Co acquires The Boundary in West End Brisbane
The Boundary in West End Brisbane sold to Australian Venue Co. Australian Venue Co CEO Paul Waterson said the acquisitions reflect the group’s strong track record of operating venues in Queensland and its confidence in the Sunshine State’s hospitality outlook.
Brand new boutique Surry Hills hotel sold for around $30 million by Colliers
A high-end boutique hotel sold in the Sydney city fringe for roughly $30 million to an on-shore hotelier. 202-210 Elizabeth Street Surry Hills Sydney sold off-market by Colliers National Director Asia Markets Joseph Lin on behalf of Paul Fischmann’s 8Hotels and business partner, property...
Westmeadows permit-approved landholding for sale - Savills
A hotel permit-approved landholding north of Melbourne in Westmeadows for sale by Savills agents Benson Zhou, Julian Heatherich, Nick Lower and Nick Garoni.
