Australian Hotel Motel in Yass sold for $3.7 million
Sydney hotel group Harvest has sold its second Yass venue in a matter of months, offloading the Australian Hotel Motel in a deal negotiated by CBRE's Kate MacDonald and Ben McDonald.
Brisbane's Elephant Hotel sold to Sydney group for more than $20 million
Sydney independent pub group Tilley and Wills Hotels has acquired The Elephant Hotel in Fortitude Valley for more than $20 million in a deal negotiated by CBRE’s Paul Fraser and Jack Morrison, in conjunction with JLL’s Tom Gleeson.
Iconic Queensland lodge receives funding boost ahead of reopening
The Queensland State Government has announced a $50,000 contribution for the festival to celebrate the partial reopening of the Binna Burra Lodge in the Gold Coast Hinterland after it was ravaged by fire last year.
Sydney hotel occupancy declines amid increased supply
New data from STR has indicated a drop in Sydney hotel occupancy for the month of January, with revenues down almost seven per cent compared with the same time last year.
