Northern Beaches Brookvale Hotel sold to generational hotel operator by JLL
Brookvale Hotel sold to Irvin Hotel Group following a keenly contested off-market, invitation only sale process managed by JLL Hotels Managing Director John Musca and JLL Senior Vice President, Ben McDonald.
Salter Brothers confirm their acquisition of Spicers Retreats
Paul Salter, Managing Director of Salter Brothers said “This is an exciting acquisition and a great fit for our strategy to acquire unrepeatable assets in amazing locations, targeting the luxury retreat market, which continues to grow globally. “The Spicers Retreat brand is well-established, and...
The Espy sold for $64m to Cohen Family brokered by Gorman Allard Shelton
The St Kilda icon the Hotel Esplanade sold for $64 million to the Cohen Family owners of The Block Arcade on Collins Street. Sold on behalf of Sand Hill Road, founders Andy and Matt Mullins, Andrew Larke, Doug Maskiell and Tom Birch, brokered by Gorman Allard Shelton’s Joseph Walton and Jonathon...
Iconic Brisbane pub The Normanby Hotel sold by CBRE Hotels
Queensland publican Jaz Mooney of Middle Head Ventures Normanby Hotel sold to locally based Ingham-Myers Hotels for $15 million. The iconic Brisbane pub sold by CBRE’s Paul Fraser.
Caboolture Pub and Shopping Centre sold by Savills
A Caboolture pub favourite and local shopping centre Trader Dukes Caboolture and Kings Circle Shopping Centre sold by Leon Alaban Savills National Director Hotels QLD Australia, Tony Bargwanna National Director Hotels QLD Savills Australia.
c1854 Chateau Yering sold to ASX listed Elanor Investor Group by Burgess Rawson and HTL Property
ASX listed Elanor Investor Group has purchased the spectacular Chateau Yering in Victoria’s picturesque Yarra Valley in a deal brokered by Burgess Rawson and HTL Property.
IHG Hotels & Resorts has expanded its world class Academy programme to offer core learning content on a new digital platform in eight additional languages, making it a truly global resource that will benefit hospitality and early career professionals the world over.
G’day Group adds key link to WA journey with Carnarvon acquisition
Wintersun Caravan and Tourist Park Carnarvon sold to Australia’s largest regional accommodation provider, G’day Group.G’day Group Chief Investment Officer Amanda Baldwin said the property presented an ideal opportunity to expand the Group’s Western Australian network along a popular coastal...
Hotel investors still on the lookout amid COVID-19 - CBRE Survey
The Australian hotel industry remains cautiously optimistic about medium-term investor appetite amid the COVID-19 pandemic, according to CBRE Research’s latest Hotel Market Survey.
Emerging 'dark kitchen' trend among food retailers - CBRE
As Australia’s hospitality retailers look towards delivery services to bolster business during the COVID-19 pandemic, CBRE has released a report on the emerging dark kitchen trend feeding Australia’s growing meal delivery economy.