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Australia's StayWell group expands in India with Park Regis brand...
Apr 26, 2018
Deals
Management Appointments
Australia's StayWell group expands in India with Park Regis brand

One of Asia Pacific’s largest hotel management groups, StayWell Holdings, has announced it will further expand its Park Regis portfolio in India, with the rebranding of Aveda Resort & Spa in Kumarakom to Park Regis Aveda, Kumarakom scheduled to be completed by the end of May 2018.

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HCAP Developments’ luxury 220-apartment Haven at Newstead
Apr 23, 2018
Deals
Management Appointments
Properties
Sold
Management rights market remains strong for premium buildings

One of Australia’s largest, privately-owned accommodation operators has settled on its off-the-plan purchase of the management rights to a major luxury apartment project in inner-city Newstead, Brisbane.

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Griffith’s Quest Apartment Hotel sold for over $15m
Apr 7, 2018
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Properties
Sold
Griffith’s Quest Apartment Hotel sells for over $15m

Strengthening investor interest in Australia’s regional hotel market has underpinned the sale of Quest Apartment Hotel in Griffith for $15.25 million - representing a strong yield of 7.5%.

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IHG to open Hotel Indigo Sydney Central in 2021
Mar 29, 2018
Deals
Management Appointments
IHG to open Hotel Indigo Sydney Central in 2021

This morning's announcement of a new 168-room Hotel Indigo Sydney Central opening in 2021, will give travellers a new destination to satisfy their curiosity when staying in Sydney thanks to IHG and Watson Elite.

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Holiday Inn City Centre Perth has sold for a reported $65 million.
Mar 25, 2018
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Sold Properties
Properties
Sold
Singaporean group swoops on holiday investment in Perth CBD hotspot

One of Singapore’s wealthiest private groups, Legend Land Perth Pty Ltd, has snapped up the 168-room Holiday Inn City Centre Perth for a reported $65 million.

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Padstow Hotel Sold Under the Hammer for $26 million
Mar 21, 2018
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Sold Properties
Properties
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Padstow Hotel Sold Under the Hammer

After a 4 week international marketing campaign by Ray White Group's Number One agent internationally, Andrew Jolliffe, has this morning sold under the hammer the Padstow Park Hotel for $26 million.

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Regent Porto Montenegro
Mar 15, 2018
Deals
Management Appointments
IHG acquires majority stake in Regent Hotels for $39m

InterContinental Hotels Group in a joint venture with Formosa International Hotels has announced the acquisition of a 51% stake in Regent Hotels and Resorts for $39 million, with the right to acquire the remaining 49% phased from 2026. 

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Avani Central Melbourne Residences opening August 2018
Mar 14, 2018
Deals
Management Appointments
Markets
Market Trends
Avani Central Melbourne Residences opening August 2018

Minor Hotels has announced the development of its second Avani Hotels and Resorts property in Australia due for completion in August this year.

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Gurner's FV debuts Peppers brand...
Mar 12, 2018
Deals
Management Appointments
Gurner's FV debuts Peppers brand

Brisbane’s hottest new hotel, the $600 million FV by Peppers has officially opened its doors, developed by luxury property developer GURNER inspired by New York’s flatiron building.

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SB&G Hotel Group acquires two Watermark hotels
Mar 11, 2018
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Sold Properties
Properties
Sold
SB&G Hotel Group acquires two Watermark hotels

SB&G Hotel Group has moved closer to its stated target of $1 billion of assets with the acquisition of two Watermark branded hotels in Brisbane and the Gold Coast.

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