Novotel Melbourne on Collins, has been sold to Frasers Hospitality Trust for AUD 237 million
Craig Collins, CEO Australasia, JLL's Hotels & Hospitality Group together with Simon Rooney, Head of JLL's Retail Investments - Australasia brokered the transaction.
Brisbane attracted a record 1.169 million international visitors last year, also attracting a record increase in domestic holiday visitors over the same period.
