Veriu expands to Melbourne with acquisition of Punthill Apartment Hotel Group
Having successfully established a Sydney network of bespoke hotels and suites, Veriu is set to expand interstate with the acquisition of 13 hotels under the well-known Punthill Apartment Hotel brand.
Kingfisher Bay Resort Group portfolio sold for $43 million
The portfolio including Kingfisher Bay Resort, Eurong Beach Resort, Fraser Explorer Tours and Fraser Island Ferries, all based on the World-Heritage listed Fraser Island, have collectively sold for $43 million to SeaLink Travel Group.
Naumi Hotels, the Singapore-based private hotel owner and operator is further increasing its presence in New Zealand with the purchase of two properties in a prime location in Wellington, New Zealand.
$35m Aria Hotel sale caps off strong year for Canberra market
Canberra’s hotel market continues to gain momentum as the nation’s stand out performer, with the sale of the Aria Hotel for $35 million capping off a strong year of sales activity for the nation’s capital.
Naumi Hotels has announced their debut in Australasia with the opening of the Naumi Auckland Airport which will soon be joined by further sister hotels as the Naumi brand continues to expand.