IHG Hotels & Resorts to open Hotel Indigo in Tokyo’s world-famous Shibuya district in late 2023
IHG Hotels & Resorts has signed a management agreement with Pan Pacific International Holdings Corporation to open Hotel Indigo Tokyo Shibuya in late 2023.
Australia based Baillie Lodges Expands to South America with Acquisition of Chile’s Tierra Hotels
Australia-based boutique ultra-luxury hotel platform Baillie Lodges has acquired a majority share in Chile’s esteemed Tierra Hotels (“Tierra”), whose intimate collection includes experiential luxury lodges in three of South America’s most extraordinary wilderness destinations.
Sir Stamford Circular Quay hotel on Macquarie Street sold to JDH Capital for $210.5 m
In a deal via an exercisable option agreement with Singapore property tycoon CK Ow’s SGX-listed Stamford Land Corporation agreed at just over $2m per room and some $120.5m above valuation, JDH Capital have purchased the 105 room 5 star hotel recently planned for a $380m redevelopment near the...
Hotel DeBrett business in Auckland CBD sold through Bayleys Real Estate
The business interest of the Hotel DeBrett sold to Habitat Hotels & Apartments by Gordon McGregor of Bayleys Real Estate. Due to settle in September this year Hotel DeBrett will join Ohtel group under a “sister” brand which has hotels in both Wellington and Auckland. Mr McGregor said the...
HPI & AVC exit the Lord Stanley sold off market by JLL
The freehold going concern of the Lord Stanley Hotel East Brisbane sold by JLL Hotels & Hospitality Group Senior Vice President Tom Gleeson. The Lord Stanley Hotel sold to Hakfoort Group off-market for $20m on behalf of Hotel Property Investments and Australian Venue Co.
Sunshine Coast smashes records with one Management Rights settling on average every 14 days in past financial year
ResortBrokers Sunshine Coast team has racked up $44 million in Management Rights’ sales in the area in the past financial year alone, including a number of high-profile record deals. Brokers Glenn Millar and Chenoa Daniel sold 26 Management Rights in the past year.
Bar Broadway Chippendale sold to Australian Wallabies Rugby legend and prominent hotelier, Bill Young by JLL Hotels & Hospitality Group in conjunction with Knight Frank.
Bar Broadway sold to Australian Rugby legend - JLL & Knight Frank
Bar Broadway Chippendale sold to Australian Wallabies Rugby legend and prominent hotelier, Bill Young by JLL Hotels & Hospitality Group in conjunction with Knight Frank.
