Redcape expands with $66m acquisition The Prince Consort and Saltwater Creek Hotels sold by TBRE
MA Redcape Hotel Fund (Redcape) continues to strengthen its portfolio with the acquisition of two more freehold assets, The Prince Consort in Brisbane’s Fortitude Valley and Saltwater Creek Hotel in Helensvale for a combined $66 million.TBRE’s Tony and Molly Bargwanna were the exclusive...
Sonnel Hospitality unveils bold redevelopment plans for four iconic Western Sydney venues
Sonnel Hospitality announces exciting redevelopment plans for four of its key venues: New Victoria Tavern, Crossroads Hotel, Ashfield Hotel, and Ermington Hotel.
Luxury Lodges of Australia welcomes Orpheus Island Lodge and Pelorus Private Island to the Collection
Luxury Lodges of Australia Executive Chair Penny Rafferty said the addition of Orpheus and Pelorus added depth and diversity of luxury lodge access to locations and experiences across the 2,300km (1,450-mile) expanse of the Great Barrier Reef.
Marriott International sets record growth in APEC with 100+ signed deals in 2024
With record annual deals and rooms signings, Marriott International APEC region added over 21,000 rooms to its development pipeline in 2024, driven by strategic conversion and multi-unit agreement strategy.
Architectural Icon, the Mayfair Hotel Adelaide for sale by JLL
Peter Harper, Managing Director and Head of Investment Sales Australasia at JLL, commented, "The Mayfair Hotel represents a genuine one of a kind and is a quite unique opportunity to acquire a landmark asset in one of Australia's fastest-growing capital cities..."
Hotel Investment Quest Springfield Central for sale by Savills
Nick Lower, National Director, Hotels at Savills Australia and New Zealand, highlighted the unique opportunity presented by this sale saying, “This is a rare chance to secure a prime hotel asset for sale in Springfield’s commercial precinct.
The Hon. Peter Malinauskas MP, Premier of South Australia, officially opens Crowne Plaza Adelaide Mawson Lakes
The official ribbon cutting ceremony marks the completion of Crowne Plaza Adelaide Mawson Lakes a multi-year project which attracted an investment of over $70M by hotel owners, Pelligra and One7, and IHG Hotels & Resorts, opening of its 5th branded hotel in Adelaide.
Accor Introduces a New Era of Meetings & Events in the Pacific
Accor, the largest hotel operator in Australia and New Zealand, is proud to unveil its elevated meetings and events offering, bolstered by major refurbishments and the launch of new hotels designed to inspire and connect.
HTL Property expands National Footprint with key Victorian Appointment Scott Callow
HTL Property announce the appointment of Scott Callow to lead the company's expansion into Victoria and related southern states. We are absolutely delighted to announce Scott's appointment, and in doing so the continuation of our very deliberate national roll out strategy" advised HTL Property...
