Paradise Resort in Surfers Paradise sold to Jerry Schwartz for $43 million
Australia’s largest private hotel owner, Dr Jerry Schwartz, has entered into an agreement to buy Australia’s leading family resort, Paradise Resort, in Surfers Paradise.
Deutsche Hospitality sold to Shanghai-based Huazhu Group
Huazhu Group, a multi-brand hotel group, has announced it has reached an agreement to acquire all shares of Deutsche Hospitality, through its wholly owned subsidiary China Lodging Holding Singapore.
Regional pub market in overdrive, says HTL Property
Investors looking further afield in search of prime pub assets drive regional sales surge due to limited availability of stock in Metropolitan and Coastal centres.
Mackay Marina Hotel sold to regional investment fund
ResortBrokers Managing Director Trudy Crooks has brokered the deal for the freehold going concern Mackay Marina Hotel to the Mandala Asset Solutions through the Trinity Accommodation Regional Hospitality Fund (TARHF).
Box Hill Motel sold for nearly $2 million over expectations
"The sale of Melbourn's Box Hill Motel achieved a yield of 2.95%, as well as a land rate of $1,472 per square metre," says Savills agents Nick Peden, Jesse Radisich and Benson Zhou.
Bathurst Goldfields sold in Mt Panorama by Resort Brokers Australia
Mt Panorama's Bathurst Goldfields accommodation and event centre has sold through Ian Crooks, Russell Rogers and Nathan Eades from Resort Brokers Australia.