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Australian Hotel and Brewery sold to Redcape Hotel Group John Musca JLL Hotels
Jul 18, 2018
Deals
Sold Properties
Australian Hotel and Brewery sold to Redcape John Musca JLL Hotels

The largest transaction of a going concern pub hotel in Australia in over a decade has been announced for around $50 million - The Australian Hotel & Brewery in Sydney's northwest has sold to Redcape Hotel Group in a deal brokered by John Musca of JLL's Hotels and Hospitality Group.

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The Mitchelton Hotel joins MGallery by Sofitel network AccorHotels
Jul 10, 2018
Deals
Management Appointments
Design
Interiors
The Mitchelton Hotel joins MGallery by Sofitel network AccorHotels

AccorHotels has announced The Mitchelton Hotel & Spa, a $16 million hotel on the banks of the Goulburn Valley in Victoria has joined its boutique MGallery by Sofitel network.

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Granville's Vauxhall Inn Hotel sold to Redcape Andrew Jolliffe Ray White Hotels...
Jul 9, 2018
Deals
Sold Properties
Properties
Pub / Tavern
Sold
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.

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Plaza Hotel New York sold to Qatar fund Katara Hospitality for $600m
Jul 8, 2018
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Sold Properties
Properties
Accommodation Hotels
Sold
Plaza Hotel New York sold to Qatar fund Katara Hospitality for $600m

Katara Hospitality, which buys and manages hotels across the world on behalf of the Qatar Government has acquired full ownership of the 111-year old Plaza Hotel New York for approximately $600 million. 

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Sydney Eastern Suburbs pub Four in Hand Hotel sold to Good Beer Company
Jul 4, 2018
Deals
Sold Properties
Properties
Pub / Tavern
Sold
Sydney Eastern Suburbs pub Four in Hand Hotel sold to Good Beer Company

Paddington's popular Four in Hand Hotel has sold to the Sydney based Good Beer Company, ending speculation of the pub being refurbished as a residential property.

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Westin Hotel announced for Adelaide GPO redevelopment
Jul 4, 2018
Deals
Management Appointments
Markets
Market Trends
Westin Hotel Adelaide GPO redevelopment

Marriott International today announced it has signed an agreement with Greaton Group, to debut Westin Hotels & Resorts in South Australia as part of the Adelaide General Post Office redevelopment - set to open in 2022.

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Auckland CBD Best Western Hotel sold Dean Humphries Colliers International
Jun 26, 2018
Deals
Sold Properties
Auckland CBD Best Western Hotel sold Dean Humphries Colliers International

The 120-room Best Western President Hotel, less than 500m from the site of the New Zealand International Convention Centre, has become the first freehold hotel to sell as a going concern in Auckland’s CBD in five years.

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Event Hospitality signs new management agreement for the Watermark Hotel Brisbane
Jun 21, 2018
Deals
Management Appointments
Event Hospitality to re-brand Watermark Hotel Brisbane to The Park Hotel Brisbane

Event Hospitality today announced it has entered into an agreement to manage The Watermark Hotel, Brisbane, which will be re-branded as of 1 July 2018 to an independent, local brand – The Park Hotel Brisbane.

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Townsville's Rising Sun Hotel sold to Redcape...
Jun 18, 2018
Deals
Sold Properties
Properties
Sold
Townsville's Rising Sun Hotel sold to Redcape

After 30 years of ownership, Peter Ryan has sold The Rising Sun Hotel in a deal brokered by Ray White Asia Pacific director Andrew Jolliffe, who believes that the national hotel market continues to attract preferential asset class attention from a broad spectrum of investors. 

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Castaway Island Fiji sold as part of USD 310m portfolio sale to Singha Estate
Jun 15, 2018
Deals
Sold Properties
Fiji Outrigger Resort and Castaway Island sold as part of USD 310m portfolio sale to Singha Estate

Singha Estate has announced the successful acquisition of six Outrigger-branded hotels across Fiji, Thailand, Mauritius and Maldives for USD 310 million, including Fiji's Outrigger Beach Resort and Castaway Island.

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