Kokoda’s Chester and Ella management rights business has sold for $4.632 million to one of Australia’s largest, privately-owned operators, Aurora Assets Management Group.
First management rights sold in NSW for almost a decade and Brisbane's Chester and Ella deal
The management rights to the 175-unit One A at Erskinville and 100-apartment Ashfield Central developments in Sydney have sold along with the management rights to Kokoda’s Chester and Ella development in Brisbane - brokered by Tim Crooks of Resort Brokers.
Get to know Tim Crooks of Resort Brokers Australia
Tim Crooks, who has forged a reputation as arguably Australia’s foremost expert on off-the-plan permanent residential and short-term accommodation management rights, talks exclusively with The Hotel Conversation and gives his insights into this growing sector.
Best Western Plus Lake Kawana Hotel for sale Sunshine Coast
The freehold going concern of the 4.5 star Best Western Plus Lake Kawana Hotel has been listed for sale, 20 minutes from the Sunshine Coast International Airport.
Tamborine Mountain's Bavarian Grill and Brewery for sale
For the first time in its 16-year history, Tamborine Mountain’s landmark Bavarian Grill and Brewery restaurant on Main Western Road is for sale through Resort Brokers and LJ Hooker Broadbeach.
A year since construction started, the new $200 million Howard Smith Wharf Project is one step closer to reality as builders prepare restaurants and bars for fit-out this week.
Rumba Resort Caloundra and Oceans Resort Hervey Bay management rights sold for $15m
The management rights of two landmark oceanfront resorts on the Sunshine Coast and Fraser Coast, Oceans Resort Hervey Bay and Rumba Resort Caloundra, have sold for a total of close to $15 million, brokered by Glenn Millar of Resort Brokers Australia.
Get to know Curt Schatz of Mullins Lawyers Brisbane
As Managing Partner of Mullins with more than 35 years of experience specialising in the hospitality sector, Curt is a recognised leader in hospitality, liquor and gaming law chatting exclusively to The Hotel Conversation and giving his insights into the industry.
Mulpha announces Rydges Cairns Esplanade hotel for sale
Mulpha has announced the start of an international sales campaign to sell their 242-room Rydges Esplanade Resort Cairns in one of Australia’s leading RevPAR growth markets; for sale through JLL Hotels and Colliers International.
Crowne Plaza Surfers Paradise Gold Coast hotel for sale Wayne Bunz CBRE Hotels
The Crowne Plaza Surfers Paradise and associated assets are for sale, providing an opportunity to acquire a prominent tourism complex in one of Australia’s most sought after hotel investment markets.
IHG rebranding Hayman Island Whitsundays to InterContinental Hotel
The Whitsunday Islands will welcome a new era of luxury in 2019 with the signing of a management agreement that will see IHG take over management of Hayman Island, rebranding it as Hayman Island, by InterContinental.
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.