Management rights of Oaks Lagoon in Port Douglas sold to luxury accommodation brand
The management rights of a high-end apartment complex in Port Douglas have been sold to luxury accommodation brand, Silkari in a deal negotiated by Glenn Millar and Chenoa Daniel ResortBrokers.
Hotel operator targets Geelong’s booming visitor and corporate economy
Geelong’s emergence as a major business and leisure destination has been confirmed with the management rights of Vue Apartments and Day Spa and Ritz Geelong sold for nearly $10 million by ResortBrokers.
JLL facilitates two off-market deals for Redcape Hotel Group
The Redcape Hotel Group has announced the off-market sale of top 30 gaming venue the Royal Hotel in Granville, as well as the purchase the Kings Head Tavern in Hurstville for $27 million in deals negotiated by JLL Hotels and Hospitality Group Director John Musca.
Accor to sell a 5 per cent stake in Huazhu for USD451 million
Accor has entered into a definitive agreement to sell an approximately 5 percent stake in Shanghai-based hotel operator and franchisor Huazhu Group Ltd. for $451 million.
Hotel Cairns has been sold to a New Zealand-based family following an Expression of Interest campaign conducted by CBRE Cairns Managing Director Danny Betros and CBRE Hotels National Director Wayne Bunz.
Leasehold of Botany View Hotel in Newtown sold to Balmain Hotel publican
The leasehold of the Botany View Hotel in Newtown has been sold to Balmain Hotel proprietor Justin Small in a deal negotiated by Kate MacDonald and Ben McDonald CBRE Hotels.
Wyndham Destinations Asia Pacific is set to boost its presence in Queensland after acquiring the Peppers Airlie Beach resort on the Whitsunday Coast in a deal negotiated by CBRE Hotels agents Wayne Bunz and Hayley Manvell.
Regional hotel group, Harvest Hotels, has sold The Yass (formerly the Royal Hotel) to a local competitor in a deal negotiated by Ben McDonald and Kate MacDonald CBRE Hotels.