Hospitality News & Trends

Hospitality news, insights & industry trends.

News
A-list Sydney pub The Clovelly Hotel changes hands for $34m
Sydney’s much-loved eastern suburbs watering hole The Clovelly Hotel has sold for a hefty $34 million, in the lead-up to the prime summer season. The deal comes days after another waterfront pub, the Beach Hotel …
News
Preston’s Bell City complex set to reap $180m
Real estate fund manager Elanor Investors Group is putting Bell City, a landmark hotel, student accommodation and office complex in Melbourne’s northern suburbs, on the block with expectations of more than $180 million. This article originally appeared on theaustralian.com.au/property.
News
Byron Bay’s Beach Hotel trades for record-breaking $70m
The Beach Hotel in Byron Bay, developed by Paul Hogan sidekick John Cornell, has sold for an aggressive $70 million to a Melbourne-based private equity firm backed by the wealthy Liberman family. This article originally appeared on theaustralian.com.au/property.
News
Pub dreams a reality in country Victoria
You don’t need $30 million to make your publican dreams come true — there are a handful of options in country Victoria that could quench your thirst.
News
Bondi’s iconic Icebergs restaurant on the market
Flamboyant adman John Singleton is to sell one of Australia’s most famous restaurants — the Icebergs Dining Room and Bar at Bondi Beach — with hopes of pocketing at least $15 million. This article originally appeared on theaustralian.com.au/property.
News
Melbourne’s oldest pub hits the market
Property developer and publisher Morry Schwartz is selling the oldest pub in Melbourne, the Duke of Wellington, and a nine-level ­office tower on the same block with price expectations of about $30 million. This article originally appeared on theaustralian.com.au/property.
News
Saga ends: $23.7m for Gold Coast’s Nobby’s Outlook Resort
A Gold Coast beachfront resort has sold to a Melbourne-based investor for $23.75 million, following strong interest from Queensland and international developers. This article originally appeared on theaustralian.com.au/property.
News
$20m-plus asking price for Fitzroy’s Tankerville Arms Hotel
The owners of historic Fitzroy pub and gaming venue the Tankerville Arms Hotel hope to reap the benefits of a hot inner-city pub market, after putting a price tag of more than $20 million on …
News
Buy a Greg Norman-designed golf course for $11m
One of New South Wales’ top 10 public access golf courses is on the market, with Tamworth’s Longyard Golf Course listed for sale.
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