Pelathon Management has acquired the Grand Hotel in Cairns and two adjoining sites for $8.5 million, in a deal negotiated by CBRE Hotels Director Paul Fraser and CBRE Cairns Managing Director Danny Betros.
AHA National Award winning hotelier, Alistair Flower, has expanded his North Coast hotel group with the acquisition of the prominent Hastings Hotel in Wauchope.
US-based global hospitality operator, Delaware North, has been approved by the Northern Territory Government to acquire Darwin's SKYCITY Casino for $188 million.
Felix by 8Hotels Sydney Airport hotel sold for over $60m - Andrew Langsford JLL Hotels
The latest hotel to open in the Sydney Airport precinct has been acquired for AUD$60.6 million by Singapore-based Ascott Residence Trust in a deal brokered exclusively by Andrew Langsford of JLL Hotels & Hospitality Group.