Australia’s largest owner-operator of apartment-style hotels, Meriton Suites, invests over 400 million in expansion
Iconic Australian hotel group, Meriton Suites, is expanding its empire by adding another two states to their growing list of locations later this year. The company has invested over 400 million in developing three new hotels, extending their luxury offering into Canberra, ACT and Melbourne, VIC...
Redcape Hotels's Iconic Aspley Hotel Brisbane sold in an off-market transaction at a price believed to be circa $10.5m. It is understood Savills, Tony Bargwanna also introduced a party which led to a transaction together with HTL's Andrew Jolliffe and JLL's Tom Gleeson for The Grove Hotel on...
Redcape Hotel Group's The Shamrock hotel for sale after two of its North Queensland hotels sold - HTL Property & JLL
Two Redcape Hotel Group's North Queensland hotels sold by HTL property. The remaining hotel, The Shamrock Hotel Mackay for sale through HTL Property and JLL.
Invictus Developments Boosts Hotel Portfolio with Brisbane and Sydney Acquisitions CBRE & JLL
Singapore-based Invictus Developments has continued to invest in the Australian hotel property market, with the $25 million acquisition of Brisbane’s 5-star The Inchcolm by Ovolo Hotel at Spring Hill in Brisbane.
Pro-invest Group and IHG Hotels & Resorts announce the opening of Hotel Indigo Melbourne on Flinders, bringing a new style of boutique hotel to the city.
Iconic Sydney CBD hotel The Republic sold for circa $40m - JLL & Savills
A trophy pub Sydney CBD, sold for circa $40m with the selling agents, JLL Hotels & Hospitality Group and Savills Australia & New Zealand describing the sale as one of the most significant pub sales thus far in 2023.
The Sebel Wellington Thorndon is the third hotel that Sarin Hotels has partnered with Accor on in New Zealand, following the success of ibis Styles Invercargill and The Sebel Wellington Lower Hutt. The Sebel Wellington Thorndon opening in September 2023.