JLL's Hotels & Hospitality Group confirm the sale of Vali Byron Bay in what is the first hotel transaction above $20 million in the tourism mecca since 2019. The transaction was negotiated by Andrew Langsford, Gareth Closter, and Taylor O'Brien of JLL Hotels & Hospitality Group.
Sheraton Hotels and Resorts, part of the Marriott International group, set to become the operator of the 223-room five-star hotel component of the $445 million Torquay waterfront development providing access to Fraser coast attractions K’gari and whale watching.
BWH Hotels (BWH) announce the signing of three new SureStay properties in Australasia
Situated within BWH’s value and extended stay segments, the global powerhouse brand will introduce two economy SureStay hotels and first in market, extended stay brand, SureStay Studio to the portfolio.
The Ascott Limited accelerates strategic Sydney expansion with 255 key Haymarket hotel
The Ascott Limited has achieved another milestone with the opening of the 255 key Sydney Central Hotel Managed by The Ascott Limited (Sydney Central), Managing Director David Mansfield says as momentum continues to build for Ascott Australia.
EVT announced as the future operator of a new Rydges Resort Fiji
The future Rydges Wailoaloa will be developed by owners Hari Punja & Sons Limited on the beach front at Wailoaloa Beach and contain a cultural village, along with plans for 258 rooms.
Waterfront Port Macquarie CBD Motel Sold by HTL Property on Sharp Yield
Located in the Port Macquarie CBD, the freehold interests in the Mid Pacific Motel sold for $9m on a sharp yield through a marketing campaign coordinated by HTL Property’s National Accommodation Director, Andrew Jackson; and Paul Nyholt, the QLD Accommodation Director.
Colliers NZ act as strategic advisors for Sarin Hotels on the acquisition of the DoubleTree by Hilton Wellington
Colliers Director Hotel Advisory and Valuation NZ, Mr Chris Bennett announced that Colliers have acted as strategic advisors for Sarin Hotels on the acquisition of the DoubleTree by Hilton Wellington through an off-market sales process.
TFE Hotels will soon begin operating the rebranded 273-room Vibe Hotel Melbourne Docklands with new owners MA Financial Group
TFE Hotels Group Chief Operating Officer, Chris Sedgwick, has announced they will begin operating the soon-to-be-rebranded 273-room Vibe Hotel Melbourne Docklands and Storehouse Docklands restaurant, with new owners, MA Financial Group, from 8 April.
Corindi Beach Hotel sold to North Coast Hotel Group by JLL
Corindi Beach Hotel on the NSW Coffs Coast sold by JLL Hotels Senior Vice President Kate MacDonald and Vice President Greg Jeloudev were exclusively appointed to manage the on-market sale process on behalf of Kelly & Co Hotels.
Trilogy Hotels secures landmark deal with Schwartz Family Company
The first of its kind in Australia the deal will see the Trilogy team manage operations for more than 1000 rooms across four hotels in NSW and the ACT. Hotels included in the deal are Mercure Sydney, Ibis Sydney World Square, Mercure Canberra and Fairmont Resort Blue Mountains.