Hospitality News & Trends

A flipping tasty deal has hit the market in the Dandenong Ranges and, if the numbers stack up, it will be a sale to waffle on about.

Cashed up from its recent majority sale to private equity group KSL, luxury hotel operator Baillie Lodges is in an acquisition spree, looking to develop boutique properties in Sydney’s The Rocks, Victoria’s Great Ocean Road and Western Australia’s Kimberley region.

While Australian country musician Slim Dusty sang about a lonesome pub with no beer, this “Ye Olde English” pub may have no beer, it’s anything but lonesome.

It’s that time of year when many of us returning to the hum drum of office life contemplate a world without a commute and dream of becoming our own boss.

NSW hotel magnate Jerry Schwartz has made his first foray into Queensland, buying the Hilton Surfers Paradise for just under $70 million, well down on its initial asking price of more than $80 million.

A Paddington property with four separate streams of rental investment income has hit the market.

US private equity group KSL Capital Partners has swooped on the hospitality assets created by Australian luxury lodge pioneers James and Hayley Baillie, buying up a majority stake in their $100 million-plus domestic empire.

Work will begin on Landbridge’s $200 million luxury hotel in February.

Here is a chance to get a foot in the door of Tasmania’s tourism sector.