Australia

Newtown hotel Kuleto’s sold by HTL Property’s Sam Handy and Blake Edwards to a new consortium with plans of activating an edgier food and beverage offering.

Nov 2, 2022

Beaconsfield’s Cardinia Park Hotel sold $25.4m to Black Rhino Group by JLL

Cardinia Park Hotel Beaconsfield sold for $25.4m to Black Rhino Group by JLL Hotels & Hospitality Senior Vice President, Will Connolly.

Lookout Mountain Retreat Dorrigo Mountain sold

Oct 27, 2022

Luxury Mountain Retreat Sold by HTL Property

Lookout Mountain Retreat sold to Anthony Parmenter, a local owner who also operates Lodge Bellingen. Lookout Mountain Retreat Dorrigo Mountain sold after a campaign by HTL Property Directors James Carrick and Nic Simarro generated seventy-two enquiries leading a competitive second-round of...

Barron River Hotel Investment sold

Oct 24, 2022

Barron River Hotel Investment sold on 4.99% yield leased to AVC and Coles JV negotiated by HTL Property

HTL Property reported 70 enquiries for the North Queensland Barron River hotel sold by HTL Property’s Brent McCarthy, Glenn Price and Andrew Jolliffe.

Manenti Quinlan & Associates is pleased to announce the successful off-market sale of the Mittagong Hotel.

Oct 10, 2022

Mittagong Hotel Southern Highlands sold - Manenti Quinlan & Associates

Manenti Quinlan & Associates announced the successful off-market sale of the Mittagong Hotel within the highly prized Southern Highlands NSW.

Oct 9, 2022

Rod & Reel Hotel Woodburn NSW sold - JLL

Rod & Reel Hotel Woodburn sold by Greg Jeloudev of JLL Hotels & Hospitality Group on behalf of long-term owners, the McGeary family.

Marriott International signs agreement to bring The Ritz Carlton to Australia’s Gold Coast

Oct 5, 2022

Deals

Management Appointments

Marriott International signs agreement to bring The Ritz Carlton to Australia’s Gold Coast

Marriott International announced the signing of an agreement with Australian property developers Pelligra Group and Giannarelli Group to bring Australia’s third Ritz-Carlton hotel to the Gold Coast by 2026. The Ritz-Carlton, Gold Coast will serve as an integral component of a $480 million new...