Australian Hotel Motel in Yass sold for $3.7 million
Sydney hotel group Harvest has sold its second Yass venue in a matter of months, offloading the Australian Hotel Motel in a deal negotiated by CBRE's Kate MacDonald and Ben McDonald.
Sydney hotel occupancy declines amid increased supply
New data from STR has indicated a drop in Sydney hotel occupancy for the month of January, with revenues down almost seven per cent compared with the same time last year.
Moelis completes $100 million takeover of Byron Bay Beach Hotel
Moelis Australia has completed its acquisition of the Beach Hotel in Byron Bay after announcing it had entered into an agreement for the property at the end of last year.
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.
