Aloft Perth hotel sold in $100m deal Mark Durran JLL Hotels
The Aloft Perth together with the adjoining office building 25 Rowe has sold to Singaporean group Meteorite Land in a $100 million transaction brokered through JLL’s Mark Durran, John Williams and Tom Nattrass.
Jerry Schwartz finally settles on $156 million acquisition of Four Points by Sheraton Sydney Central Mark Durran JLL Hotels
After several inaccurate reports last month, Australia’s largest private owner of hotels Jerry Schwartz has completed his acquisition of Sydney’s newest hotel – the Four Points by Sheraton, his 13th hotel investment.
ibis Styles Brisbane hotel sold to Worldwide Hotels in $100 million deal
ibis Styles Brisbane has sold for a rumoured $100 million to one of Singapore’s wealthiest private groups, Legend Land Brisbane Pty Ltd, a subsidiary of Worldwide Hotels in an off-market deal brokered by Wayne Bunz of CBRE Hotels.
Don Pancho Beach Resort for sale in Bargara Central Queensland CBRE Hotels
The 3.5 star Don Pancho Beach Resort situated on a freehold 3,940sqm beachfront site in Bargara is for sale, 14km East of Bundaberg in Central Queensland - being brokered by Hayley Manvell and Wayne Bunz of CBRE Hotels.
From March 2017 to March 2018, international visitation to South Australia increased by 9% to 475,000 international visitors - and with a new airport for Adelaide on top of hotel brands lining up, it's expected this trend will continue.
Construction begins at Quest Joondalup Perth Hotel
Quest Apartment Hotels is continuing its expansion in Western Australia, with construction commencing on Quest Joondalup at 65 Boas Avenue in Perth's northern suburbs.
TFE Hotels to open first Vibe Hotel in Adelaide 2020
TFE Hotels has announced it will open a new 18-storey Vibe Hotel in Adelaide opening in 2020, being a new flagship hotel for the brand partnering with multi award-winning Loucas Zahos Architects.
The Westin Sydney to be rebranded The Fullerton Hotel Sydney
In 12 month's time, Sydney's Westin Hotel in Martin Place will be rebranded to the iconic Singaporean Fullerton Hotel brand, marking the group’s first international expansion.