Hospitality giant Wyndham Hotel Group and New Zealand developer Safari Group have announced plans to open an 85-room Ramada Suites in Manukau, bolstering the Ramada brand’s presence in the country and addressing a growing demand for lodging in the Auckland area.
Voted one of Australia's top hotels, the Emporium Hotel in Brisbane's Fortitude Valley has traded hands for about $40 million to Hong Kong-based boutique hotel chain Ovolo Hotels.
Brisbane's riverfront icon sold for the first time in 31 years
Melbourne-based Australian Venue Co, formerly known as the Dixon Hospitality group, has quietly purchased Friday's Riverside Bar for an undisclosed price.
Monsoons Darwin will change hands for the first time in 16 years with the off-market deal by Savills Hotels adding to the national portfolio of Australian Venue Co.
The popular East Brunswick Hotel sold at auction for $4.4 million
The under the hammer sale of Melbourne's East Brunswick Hotel has capped off an extremely boisterous end to 2017 for Melbourne pub sales, says brokering agent Will Connolly of CBRE.
Brisbane Mercure and Ibis Hotels sold for $77 million
The 194-room Brisbane Mercure Hotel and 218-room Brisbane Ibis Hotel has sold for a combined $77 million from Singaporean hospitality trust, CDL representing a yield of 5.3 per cent in a deal brokered by Wayne Bunz of CBRE.
Naumi Auckland Airport hotel to hold Grand Opening in Feb 2018
Located just minutes away from the international and domestic airports, Naumi Auckland Airport offers a perfect stopover for business travellers, leisure travellers and also as a perfect venue for special occasions.
Melbourne's BMW dealership sold in $100 million deal
It is the biggest development site deal in central Melbourne this year, Malaysian-backed developer Beulah International has purchased the BMW site on the fringe of Melbourne CBD in a $101,008,888 deal.