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Choice Hotels Asia Pacific has signed a 15-year Master Franchise Agreement with Suba Group of Hotels India

Choice Hotels India will transition from a direct franchise market to a master franchise model with Suba Group of Hotels. Choice Hotels Asia-Pacific CEO Trent Fraser said: “We’re incredibly excited to work with Suba Group of Hotels as we look to the next 15 years of portfolio growth for Choice Hotels in India.”

Deals

Strathfield Hotel Sold to Sam Arnaout’s Iris Capital by HTL Property after 102 Years of Ownership

Strathfield Hotel sold HTL Property’s Dan Dragicevich and Andrew Jolliffe on behalf of the highly regarded Whelan family after 100 years of ownership.

Queensland (Qld)Brisbane

Deals

Demand Continues with Inner-Brisbane Spring Hill Motel sold by CBRE

The freehold interest in Spring Hill Terraces Motel & Apartments sold by CBRE Hotels’ Associate Director Hayley Manvell.

News Roundup

https://www.thehotelconversation.com.au/news/2020/04/23/hotel-investors-still-lookout-amid-covid-19-cbre-survey/1587567615

Hotel investors still on the lookout amid COVID-19 - CBRE Survey

The Australian hotel industry remains cautiously optimistic about medium-term investor appetite amid the COVID-19 pandemic, according to CBRE Research’s latest Hotel Market Survey.

The Hotel Conversation

https://www.therealestateconversation.com.au/news/2020/04/29/how-much-the-banks-generosity-costing-you/1588121720

How much is the Bank’s generosity costing you?

REINSW CEO Tim McKibbin questions who really is footing the bill when it comes to banks, landlords and tenants.

The Real Estate Conversation

https://www.commo.com.au/news/2020/04/15/emerging-dark-kitchen-trend-among-food-retailers-cbre/1586927270

Emerging 'dark kitchen' trend among food retailers - CBRE

As Australia’s hospitality retailers look towards delivery services to bolster business during the COVID-19 pandemic, CBRE has released a report on the emerging dark kitchen trend feeding Australia’s growing meal delivery economy.

COMMO.

https://www.theaseandeveloper.com/news/2020/04/30/its-important-be-conscious-timelines-how-developers-are-adapting-covid-19/1588210194

'It's important to be conscious of timelines': How developers are adapting to Covid-19

Dan Holden, founder of commercial brokerage firm HoldenCAPITAL, outlines where the challenges lie for Australia's developers moving forward.

The ASEAN Developer

https://www.therealestateconversation.com.au/news/2020/04/27/john-mcgrath-first-home-buying-during-covid-19/1587958234

John McGrath – First home buying during Covid-19

John McGrath, founder of McGrath Estate Agents encourages first home buyers to continue their property search.

The Real Estate Conversation

https://www.therealestateconversation.com.au/news/2020/03/19/why-property-stands-sturdy-coronavirus-smashes-stock-markets/1584590231

Why property stands sturdy as Coronavirus smashes stock markets

History has shown when there are corrections in global stock markets, Australian property becomes a port in the storm.