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.
Melbourne remains one of the most sought-after hotel markets across Asia Pacific - Peter Harper JLL Hotels
Investor interest in the hotel sector is at an all-time high, according to JLL Hotels & Hospitality Group, with new projects expected to further enhance the city’s offering.
Melbourne suburbs hold the key for hotel investors
Melbourne’s suburbs are catching the eye of hotel investors and developers, as economic growth spreads beyond the city centre in one of the world’s most liveable cities.
Melbourne Pullman Park Hotel sold to iProsperity Group
iProsperity Group has announced the exchange of the five-star, 419-room Pullman Park Hotel opposite the MCG, which was being marketed for sale by JLL Hotels and McVay Real Estate.
EBC Hotel & Leisure Fund Tasmania Pub Portfolio for sale JLL Hotels
In what will be one of the largest portfolio offerings in the pub sector across Australia this year, EBC Hotel & Leisure Fund have moved to sell their three Tasmanian assets, being The Foreshore, Hobart, Olde Tudor Hotel, Launceston, and Bayside Inn, St Helens.
One of Australia's largest mixed-use assets, the Bell City complex in Melbourne's northern suburb of Preston is for sale by JLL's Hotels and Hospitality Group, which also houses an 844 room Mantra hotel, student accommodation, extended stay residence, large-scale meeting facilities, office...
