New Sebel Canberra hotel sold to German fund manager for $48 million
A global real estate investment manager and Pro-Invest Group have signed contracts to acquire the brand new Sebel Canberra Hotel in a $48 million off-market deal brokered through JLL Hotels & Hospitality Group Managing Director Mark Durran.
The Best Western Plus Lake Kawana Waters has been rebranded to Mercure Sunshine Coast Kawana Waters, following a franchise agreement between Accor and hotel owners, Stay Centro GC.
Southern Ocean Lodge owners vow to lead the rebuild of Kangaroo Island tourism industry following bushfires
Baille Lodges founders James and Hayley Baillie say plans are already in place to rebuild the Southern Ocean Lodge after it was ravaged by the Kangaroo Island bushfires last week.
Management rights of Oaks Lagoon in Port Douglas sold to luxury accommodation brand
The management rights of a high-end apartment complex in Port Douglas have been sold to luxury accommodation brand, Silkari in a deal negotiated by Glenn Millar and Chenoa Daniel ResortBrokers.
A new-build Holiday Inn has been announced for the inner-Melbourne suburb of Richmond, following the signing of a long-term management agreement between IHG® and a joint venture between Pelligra Group, PrimeLand Group and Diamond Hospitality Singapore.
JLL facilitates two off-market deals for Redcape Hotel Group
The Redcape Hotel Group has announced the off-market sale of top 30 gaming venue the Royal Hotel in Granville, as well as the purchase the Kings Head Tavern in Hurstville for $27 million in deals negotiated by JLL Hotels and Hospitality Group Director John Musca.
Direct service from Manila opens more doors for WA tourism - AHA
The Australian Hotels Association (AHA) WA has welcomed the state government's announcement of a new direct flight service between Manila and Perth, which will commence in March next year.
