Box Hill Motel sold for nearly $2 million over expectations
"The sale of Melbourn's Box Hill Motel achieved a yield of 2.95%, as well as a land rate of $1,472 per square metre," says Savills agents Nick Peden, Jesse Radisich and Benson Zhou.
Hilton signs Hilton Garden Inn Bundoora, Melbourne in partnership with Deal (LG)
Hilton has announced the signing of Hilton Garden Inn Bundoora in partnership with Deal (LG) Pty Ltd - the second Hilton Garden Inn signing for Australasia this year.
Boutique Melbourne hotel Zagame's House is going fur-friendly!
The newly opened Melbourne boutique hotel Zagame's House has announced it's going pet-friendly - allowing people to bring their pet to stay with them in the hotel and providing bespoke pet pampering services.
Boutique hotel collection Lancemore announce new Melbourne hotel - Lancemore Crossley St
Boutique hotel collection, Lancemore, in partnership with Carr Design, has announced the addition of a new Melbourne hotel with the opening of Lancemore Crossley St, set to open early 2020.
Hilton announces Adrian Teh as Cluster General Manager for Hilton Melbourne and DoubleTree by Hilton Melbourne
Hilton have announced Adrian Teh as Cluster General Manager for Hilton Melbourne Little Queen Street and DoubleTree by Hilton Melbourne – Flinders Street.
Melbourne's Southbank to welcome a brand new, world-class lifestyle hotel
Southbank in Melbourne is set to be home to a brand-new, mixed-use tower, developed by Newcity Development Group and designed by architect Elenberg Fraser with Cre8tive Property managing the hotel operator selection process.
The Sebel Melbourne Moonee Ponds set to open November 2019
Accor, together with owners JMS Hospitality and Management, have announced that The Sebel Melbourne Moonee Ponds will open in the Mason Square precinct on 1 November 2019.
Ibis Swanston Street in Melbourne listed for sale by Serene Capital through CBRE
Boutique funds management company Serene Capital has listed the Ibis Swanston Street in Melbourne for sale, with CBRE Hotels agents Wayne Bunz and Scott Callow appointed to manage hotel group enquiries.
Simon McGrath, Accor Pacific Chief Operating Officer, Linc Horton, Melbourne Airport’s Chief of Property, Victorian Tourism Minister, Martin Pakula and Ross Walker, Built Director Vic & SA.
Ground broken on new Melbourne Airport Hotel under Accor’s Novotel and ibis Styles’ brands
The first sod has been turned for the construction of a brand new hotel at Melbourne Airport, a dual-branded property operating under the Novotel and ibis Styles’ brands.
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.