Australian Venue Co. has acquired two pub businesses, the Jubilee Tavern in Airlie Beach and the Albion Hotel in Albury. WILLIAMS MEDIA enjoyed a conversation with Paul Waterson CEO of Australian Venue Co about their recent regional acquisitions.
Australian Venue Co. has acquired two pub businesses, the Jubilee Tavern in Airlie Beach, Qld, and the Albion Hotel in Albury, NSW. WILLIAMS MEDIA had a conversation with Paul Waterson CEO of Australian Venue Co about their recent regional acquisitions.
Mr Waterson told WILLIAMS MEDIA “ We think regional markets will explode given regional tourism and keep growing with long term immigration and international tourism will drive the regional markets further”
“In the Whitsundays we have two local venues exposed to locals, we think it’s what we do best, build good pubs for locals”
“The Whitsundays in particular no doubt isn’t what it was and we see it’s huge potential, has the advantage of natural beauty and international tourists will also be back”
"In Albury we have a terrific area manager who we have great confidence and we like to back our local managers plans"
"Acquisition is in our heritage, we like to build clusters in a region and build economy of scale” said Mr Waterson.
“Both of these pubs are an important part of their local communities, and we want to keep it that way. We’re excited to welcome the teams at both to the AVC family,” he said.
The popular Jubilee Tavern in Airlie Beach includes a family-friendly bar and bistro, outdoor dining area, kids’ playground, sports bar, TAB facilities and gaming room. Jubilee Tavern is best known for its outdoor dining area and weekly specials, that are popular with families in the area and guests at Island Gateway Holiday Park.
“It’s a real cracker, a classic Queensland pub. We love the pub how it is – it’s family friendly and popular with the locals, so we’re not looking to make major changes in the short term. We’re looking forward to bringing the team on board,” he said.
The Albion Hotel, located in the heart of Albury, includes a bistro, bar and rooftop bar which are available exclusively for private events.
“It’s a fantastic function venue, we’re excited to get cracking and deliver some absolutely top-notch events for Albury locals,” said Bart Furst, Australian Venue Co’s Albury-based Area Manager.
AVC prides itself on its portfolio of more than 160 unique and individual venues across Australia and New Zealand. The group’s approach is to encourage local leadership and to tailor venues to local community tastes, supported by the group’s centralised support office, including HR, finance and marketing.