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Hotel news, industry deals and market insights.
News
Ocean Grove Chalet hits luxury resort market for $7m-plus
News
Central Coast’s Kincumber Hotel sold to local buyer
Treasured Central Coast watering hole the Kincumber Hotel has been snapped up by a local buyer for $15 million.
News
Star’s Sydney hotel rejection a ‘negative signal’ for city
The shock rejection of The Star casino’s plans for a hotel and luxury apartment tower in harbourside Pyrmont has rocked the development industry and may damage Sydney’s standing as investment destination.
News
Salter Brothers eye off $700m Sydney skyscraper
Singapore-based SC Capital is advancing plans to pre-sell its planned $700 million mixed-use hotel and office tower in the heart of Sydney, with the project going into exclusive due diligence.
News
Star Casino’s plans for Pyrmont hotel rejected
The Independent Planning Commission has rejected The Star Casino’s plans for a hotel tower in Pyrmont – a proposal which caused a storm in government after the planning department recommended rejection earlier this year.
News
Fresh sale push for Queenscliff’s historic Royal Hotel
A fresh push is on to find a buyer for a historic Queenscliff hotel after an extensive restoration spanning several years.
News
Byron Bay’s Beach Hotel smashes Aussie pub record with $100m sale
If anywhere was going to go large and beat the Australian pub price record, it was going to be in the exclusive boho beach enclave of Byron Bay – home to some of the priciest property in the country.
News
Gold Coast’s Paradise Resort saved as developer grabs a bargain
Hotelier Jerry Schwartz has snapped up one of the key assets of the collapsed Ralan Group at a $32 million discount.
Inspiration & Style
World’s first guitar-shaped hotel strikes a chord
The world’s first guitar-shaped hotel is open for business, but you don’t have to stay there to enjoy the show. The Seminole Hard Rock Hotel & Casino in Hollywood, Florida, is part of a property expansion …
News
Sluggish hotel scene won’t stop five-star developers
Publican Justin Hemmes and investor Robert Whyte have inspected Byron Bay’s popular Beach Hotel but it is understood neither is progressing with a purchase of the property which hit the market with a $100 million price tag back in September.
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