L to R: Mark Durran, Managing Director, Hotel Capital Markets at Savills, Nick Lower, Savills’ State Director, Hotels and Max Cooper, Director, Hotels at Savills Australia and New Zealand
Brisbane, Sydney and Perth lead hotel market growth, taking RevPAR to new levels - Savills
Australian hotel markets are continuing to go from strength to strength, with Brisbane, Sydney and Perth leading the charge in nationwide RevPAR growth, according to new data released today from Savills Australia and New Zealand.
MA Financials’ Sydney venues Kinselas Hotel and Courthouse Hotel Taylor Square sold to Virtical $61m by Savills
Sydney venues Kinselas Hotel and Courthouse Hotel Taylor Square sold to Property developers Virtical, through Nick Lower and Tony Bargwanna of Savills Australia. These deals take Virtical’s recent acquisitions to over $120 million in combined value.
Iconic hotel Lygon Lodge sold $17,380,000 by Savills
An iconic hotel in one of Melbourne’s best-known retail and hospitality precincts sold by Benson Zhou, Rob Williamson, Julian Heatherich and Nick Lower from Savills Australia and New Zealand.
Gulf of Carpentaria accommodation asset for sale by Savills
Gulf of Carpentaria Gone Fishin’ Holiday Units for sale through Savills, Jason O’Meara, Leon Alaban, and Taylor Morris. 1-3 Ward Karumba for sale comprises of 11 well-appointed, air-conditioned & self- contained units positioned on a 1,201sq m* corner site, directly opposite the renowned...