A locally based esteemed hospitality entity, the Tirumalasetti Group, has purchased the Bayswater Tweed Motel.
Esplanade Hotel Fremantle listed for sale
The Esplanade Hotel Fremantle has been listed for sale as owners look to capitalise on strong investor demand for large scale hospitality assets across Australia.
Ace Hotel Sydney listed for sale
Ace Hotel Sydney, a newly developed, multi-award-winning property in the city’s CBD, has been listed for sale. The property is subject to a management agreement with Ace Hotel Group and is the brand’s first foray into the Southern Hemisphere.
Quest Yelverton Kalgoorlie Hotel set to change hands
Local vendors have listed the Quest Yelverton Kalgoorlie Hotel for sale with a price expectation of circa $7 million, on the back of record gold prices.
Opportunity arises to buy into Victoria’s tightly-held gaming market
Geelong’s best-performing gaming and entertainment venue, The Sphinx Hotel, has been listed for sale after 50-plus years of operations by the Ramia Family.
Acclaimed Byron Bay hotel The Sunseeker listed for sale
The Sunseeker, a boutique Byron Bay hotel labelled on opening as Australia’s most exciting new arrival, has been listed for sale amid escalating interest in leisure-focused hotel investments in Australia.
Reimagined beachside motel listed for sale by Canberra investment group
Boutique Batemans Bay Motel The Isla and the adjacent Kon Tiki Apartments have been listed for sale by a Canberra-based investment group amid ongoing growth in the regional NSW tourism sector.
Japanese buyers take the lead as Australia’s dominant offshore investors
Japanese investors trumped buyers from North America, Hong Kong and Singapore to be the most active offshore capital in Australia’s property sector last year, new CBRE data shows.
Hotel sector bucks the trend with increase investment activity in 2023
Japanese investors trumped buyers from North America, Hong Kong and Singapore to be the most active offshore capital in Australia’s property sector last year, new CBRE data shows. CBRE’s Australia Capital Flows report tracks investment across the office, industrial, retail, hotel and living sectors.
Brisbane’s ibis Budget Windsor and adjoining land listed for sale
The ibis Budget Windsor and adjoining development land have been listed for sale amid strong demand for accommodation investment opportunities in the 2032 Olympics host city.
