The Westin Sydney to be rebranded The Fullerton Hotel Sydney
In 12 month's time, Sydney's Westin Hotel in Martin Place will be rebranded to the iconic Singaporean Fullerton Hotel brand, marking the group’s first international expansion.
Three Wollongong pubs have sold in-one-line to the Redcape Hotel Group in an off-market transaction coordinated by Andrew Jolliffe and Daniel Dragicevich of HTL Property.
Redcape buys largest pub portfolio south of Sydney
Three Wollongong pubs have sold in-one-line to the Redcape Hotel Group in an off-market transaction coordinated by Andrew Jolliffe and Daniel Dragicevich of HTL Property.
One of Australia’s newest boutique hotels, Little Albion in Sydney’s Surry Hills will join the expanding hospitality group, Crystalbrook Collection Hotels and Resorts - in a deal brokered off market by CBRE Hotels’ National Director Wayne Bunz on behalf of 8Hotels.
Event Hospitality signs three new hotels from 8Hotels Group
Currently managed by the 8Hotels Group, The Ultimo Sydney, The Pensione Hotel Perth and All-Suites Perth will come under new management by Event Hospitality from 29 October 2018.
Dr Jerry Schwartz donates first night profits to Aussie Farmers
Dr Jerry Schwartz has pledged to support Australia’s embattled farmers by donating the profits from his first night as owner of the new Four Points by Sheraton at Sydney’s Central Park.
iPG's Sydney Park Regis Hotel sold for $54 million
iProsperity Group (iPG) has announced the sale of its Park Regis Hotel asset in Sydney’s City Centre for $54.18m to the Yeh Group, in a deal brokered by Gus Moors and Karen Wales of Colliers International.
Salisbury Hotel Sydney pub for sale Andrew Jolliffe Daniel Dragicevich HTL Property
With the hotel market in Australia continuing to shine very brightly, newly formed HTL Property having sold in excess of $100m worth of hotels in its first month of operation, has been engaged to bring to market the imposing Salisbury Hotel in Sydney’s Inner West suburb of Stanmore.
Strong investor demand combined with a lack of stock, very limited supply growth and sustained outperformance have created a perfect storm for Sydney’s five-star hotel market.
Scarcity sees Sydney five-star hotel room values soar Michael Simpson Savills Hotels
The rarer a commodity the higher its price. Strong investor demand combined with a lack of stock, very limited supply growth and sustained outperformance have created a perfect storm for Sydney’s five-star hotel market, according to Savills Hotels.
$45m Veriu Green Square Sydney hotel development begins construction
The $45 million Veriu Green Square hotel development, a joint venture between Veriu Hotels & Suites and Folkestone, commenced construction this week which is set to bring a further 144 rooms to Sydney’s thriving hotel market when it opens late 2019.
Granville's Vauxhall Inn Hotel sold to Redcape Andrew Jolliffe Ray White Hotels
Following its recent acquisition of Townsville's Rising Sun Hotel for in excess of $20m, leading hotel group Redcape has acquired the 3,510sqm arterially positioned Vauxhall Inn Hotel in Sydney's Western Suburb of Granville for over $40 million.
