Hotel

Hotel news, industry deals and market insights.

Arthurs Seat: Iconic Arthurs Hotel opposite Eagle Skylift for sale
News
Arthurs Seat: Iconic Arthurs Hotel opposite Eagle Skylift for sale
Hospitality players are circling the only venue atop Arthurs Seat — “with the most incredible views of anywhere along the entire Mornington Peninsula”.
High-rise potential for backpackers’ hostel for sale
News
High-rise potential for backpackers’ hostel for sale
The double-storey Backpackers in Paradise hostel will go under the hammer after more than 35 years, with any future development having no height restriction.
Daylesford couple restore Hotel Bellinzona with multi-million dollar reno
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Daylesford couple restore Hotel Bellinzona with multi-million dollar reno
Theresa Albioli and Tony De Marco are no strangers to transforming heritage homes in the Daylesford region and their most recent project, Hotel Bellinzona, has been the couple’s greatest challenge to date. 
Former Darlinghurst swingers club up for sale with approved DA for a boarding house
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Former Darlinghurst swingers club up for sale with approved DA for a boarding house
With a swing in one bedroom and a spa in another, buyers have the chance to snap up a once popular swingers club and convert it into a dream home or development.
Craft brews coming to a country town near you
News
Craft brews coming to a country town near you
If you’re travelling through regional Australia and it seems like there’s a craft brewery around every corner, you’re about right. And it’s country and coastal towns, not the cities, that have attracted most of the business. Today, of the 650 independent craft breweries nationally, two-thirds are located in the regions.
Landmark Corio motel freehold listed with multimillion price hopes
News
Landmark Corio motel freehold listed with multimillion price hopes
Potential investors could play their part in growing the number of beds in Geelong’s accommodation sector with a landmark Corio hotel.
KSL Capital splashes $150m for Jerry Schwartz’s Four Points by Sheraton, Sydney
News
KSL Capital splashes $150m for Jerry Schwartz’s Four Points by Sheraton, Sydney
Colorado-based tourism investor KSL Capital has fought off a slew of equity firms to buy the Four Points by Sheraton, Sydney at Central Park from private ­hotelier Jerry Schwartz in one of the year’s largest hotel deals.
Potts Point Backpackers HQ sells for circa $10m
News
Potts Point Backpackers HQ sells for circa $10m
Bruce Drayton and Simon Marsh have sold their Potts Point backpackers to a developer for a mammoth figure — and they’ve already got their eye on their next purchase.
Rydges Sydney Airport hotel hits the market
Buying & Selling
Rydges Sydney Airport hotel hits the market
A coterie of cashed-up Sydney property investors including Phil Wolanski and David Baffsky are cashing in on the looming start of the travel upsurge, listing The Rydges Sydney Airport Hotel for sale in what could shape as the year’s single biggest transaction. About $270m is expected for the 318-room hotel, which is being sold as a vacant possession by CBRE Hotels’ Wayne Bunz and JLL’s Mark Durran.
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