Gambaro Hotel sold to Australian Rugby League Commission - HTL Property
HTL Property's Nic Simarro, Glenn Price, Brent McCarthy and Andrew Jackson negotiated the sale of the luxury Gambaro Hotel Brisbane to the Australian Rugby League Commission.
Accor completes deal with Salter Brothers to add nine Mercure hotels to its growing portfolio
With the $620m acquisition of the Travelodge portfolio by Salter Brothers now complete, a total of 10 hotels have joined Accor’s portfolio, including nine Mercure hotels and an ibis Styles property in Sydney’s CBD. The portfolio acquisition was negotiated by Sam McVay of McVay Real Estate.
Choice Hotels Asia Pacific has signed a 15-year Master Franchise Agreement with Suba Group of Hotels India
Choice Hotels India will transition from a direct franchise market to a master franchise model with Suba Group of Hotels. Choice Hotels Asia-Pacific CEO Trent Fraser said: “We’re incredibly excited to work with Suba Group of Hotels as we look to the next 15 years of portfolio growth for Choice...
Cross Hotels & Resorts Extends Its Reach To Idyllic Lombok
Cross Hotels & Resorts has signed a hotel management agreement (HMA) with PT. Origin Resorts Lombok that welcomes Away Lombok Mandalika and Amber Lombok Beach by Cross Collection to its growing portfolio.
JLL advises Universal Enterprises and Marriott International on Maldives hotel portfolio sale - JLL
JLL today announced that it advised on the successful sale of the Sheraton Maldives Full Moon Resort & Spa and the W Maldives to a global private equity investor for an undisclosed sum. The deal represents the first ever hospitality portfolio transaction to have taken place in the Maldives...
Australian Venue Co acquires The Boundary in West End Brisbane
The Boundary in West End Brisbane sold to Australian Venue Co. Australian Venue Co CEO Paul Waterson said the acquisitions reflect the group’s strong track record of operating venues in Queensland and its confidence in the Sunshine State’s hospitality outlook.
