More HOTEL, TOURISM & LEISURE News
Hervey Bay motel changes hands
THE Econo Lodge Fraser Gateway motel in Queensland’s Hervey Bay has sold…
Mantra gets the keys to 900 rooms
MANTRA Group has scored a major coup, securing more than 900 additional…
Green light for 700m hotel apartment skyscraper
THE Victorian government has approved a $700 million 70-storey hotel and apartment…
Folkestone expands into hotel property sector
FOLKESTONE has entered the hotel market by teaming up with Furnished Property…
Aspen buys holiday park on 9.5pc yield
ASPEN Group has acquired the BIG4 Koala Shores holiday park for $10.2…
Asian investors outplay locals in hotel market
ASIAN investors have come to dominate Australian hotel acquisitions as leisure markets…
Singaporean hotelier checks into Tasmania
LISTED Singaporean hotelier Global Premium Hotels has acquired a boutique hotel in…
Toowong hotel sold for 15m
LOCALLY-based Asian investors have acquired Toowong’s 51-room Jephson Hotel for $15.8 million.…
Hotel has more room for improvement
THE outlook is bright for Australia’s hotel market, which is expected to…