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.
The NRMA tourism business has acquired the Broulee holiday park, midway between Batemans Bay and Moruya.
NRMA Parks and Resorts Chief Executive Officer Paul Davies said the addition of Broulee to the portfolio offered great value for its members and holidaymakers on the New South Wales South Coast.
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.
TFE Hotels announce the signing of the WMK-designed, Adina Apartment Hotel Chermside Brisbane, set to open in 2025
The signing of Adina Chermside Brisbane is a significant milestone for TFE Hotels, providing an opportunity for us to expand our Adina footprint from two hotels to three in the powerhouse state of Queensland,” says TFE Hotels’ Group Chief Operating Officer, Chris Sedgwick.
Savills Hotels announce the Four Points by Sheraton Melbourne Docklands Hotel sold in a A$96 million off-market transaction
The A$96 million off-market transaction that was brokered through Savills Hotels Mark Durran and Nik Sasic via a confidential off-market international sale process. MA Financial has entered into binding agreements to acquire the hotel from Singapore based company Hiap Hoe Limited’s subsidiary...
