CBRE advises on Melbourne’s largest hotel transaction in over five years
Novotel & ibis Melbourne Central Hotel sold $170 million to Worldwide Hotels Group subsidiary Legend Land Melbourne Pty Ltd through CBRE Hotels’ Wayne Bunz and Scott Callow.
Accommodation Australia thanks VIC Gov for $5.6m jobs investment
Accommodation Australia, has thanked the Victorian government on behalf of its members as the $5.6M Victorian Jobs program for priority cohort jobseekers concludes.
Snowy Mountains Motel, Cooba Sport & Education Centre for sale by QTHB & Manenti Quinlan & Associates
Cooba Sport & Education Centre in the Snowy Mountains has been listed for sale through QTHBs’ Ryan Doughty and Manenti Quinlan & Associates’ Ray Larkin.
Bankstown motel 10 Greenacre for sale presents outstanding turnkey opportunity - Manenti Quinlan & Associates
Manenti Quinlan & Associates has been exclusively appointed to market the freehold going-concern interest of Bankstown Motel 10 in Sydney’s thriving urban renewal corridor.
Survey By Marriott International in Asia Pacific Reveals Young Luxury Travelers Are Ditching Long-Haul To Explore Their Own Backyards.
A regional survey by Marriott International has coined a term ‘Luxury Backyard Travellers’ a group of affluent millennial and Gen Z travellers in Asia Pacific who are bucking the trend by travelling in reverse order to generations before them.
Brighton’s Savoy Hotel sold to Primeland for $120 million ultra-luxury residences - Knight Frank
Melbourne-based developer Primeland has announced the acquisition of one of Brighton’s most significant development parcels, the former Savoy Hotel, with plans to transform the site into a $120 million ultra-luxury apartment and townhouse project.Knight Frank’s Stephen Kelly, James Thorpe and...
Gold Coast’s Sheraton Grand Mirage Resort sold by Colliers, McVay Real Estate & JLL
Sheraton Grand Mirage Resort Gold Coast sold by Colliers, McVay Real Estate and JLL. Appetite for the renowned hotel indicates accelerated recovery of the sector will continue, following more than $1 billion in national hotel transactions over H1 2023, according to Colliers.