Pelathon Management has acquired the Grand Hotel in Cairns and two adjoining sites for $8.5 million, in a deal negotiated by CBRE Hotels Director Paul Fraser and CBRE Cairns Managing Director Danny Betros.
AHA National Award winning hotelier, Alistair Flower, has expanded his North Coast hotel group with the acquisition of the prominent Hastings Hotel in Wauchope.
US-based global hospitality operator, Delaware North, has been approved by the Northern Territory Government to acquire Darwin's SKYCITY Casino for $188 million.
Felix by 8Hotels Sydney Airport hotel sold for over $60m - Andrew Langsford JLL Hotels
The latest hotel to open in the Sydney Airport precinct has been acquired for AUD$60.6 million by Singapore-based Ascott Residence Trust in a deal brokered exclusively by Andrew Langsford of JLL Hotels & Hospitality Group.
Portfolio of 87 Coles pubs sold to Australian Venue Co for $200m
Bruce Dixon’s 60-plus strong Australian Venue Co will take on the operations of Coles’ Spirit Hotels in Queensland in a deal worth approximately $200 million.
Falls Creek and Hotham ski fields sold to Vail Resorts for $174m
Vail Resorts has announced that it has entered into an agreement to purchase the ski fields at Falls Creek Alpine Resort and Hotham Alpine Resort in Victoria for $174 million.