Market Functionality and Positivity Leads to $40mm Activity HTL
HTL Property warmly congratulates our valued clients, Royal Hotels and Hotel Property Investments (ASX:HPI), following completion this week of the Gregory Hills Hotel Sold by Andrew Jolliffe and Dan Dragicevich of HTL Property.
InterContinental Hotels Group recognised with ‘Green Hotel Chain of the Year’ accolade
InterContinental Hotels Group (IHG) was recognised among industry peers and sustainable leaders last week, taking home the ‘Green Hotel Chain of the Year’ accolade in the inaugural Finder Green Awards.
HTL announces sold hotel properties worth $35 million
HTL Property Managing Director Andrew Jolliffe has reported to the market the successful settlement of Brisbane's Acacia Ridge Hotel and Sydney's Illinois Five Dock Hotel for a combined total of $35 million in the past week.
Yeh’s Hotel Group have made their first entry into the Melbourne hotel market with the acquisition of the Ibis Little Bourke Street - now re-branded the Melbourne Hotel CBD in a deal negotiated by Peter Harper Nic MacFie JLL.
How the hospitality industry is adapting to its new challenges
The hospitality industry is known to be extremely vast given the number of people it employs and serves, but is also considered to be small and very susceptible to market volatility.
