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Hotel news, industry deals and market insights.
Inspiration & Style
The bizarre story of Australia’s floating hotel demolished on Kim Jong-un’s orders
Buying & Selling
Sorrento’s Continental hotel up for sale at $150m+
The owners of a historic Sorrento hotel said to be haunted by its founder’s ghost are seeking $150m+ for the renovated landmark.
Market Insights
Last minute holiday bookings expected amid SA’s algae crisis
Holiday-makers are waiting until the eleventh hour to book short-stay rentals along SA’s coast as the algal bloom threatens to alter summer plans.
Inspiration & Style
Sebel Melbourne Flinders Lane reveals $5.1m hotel makeover
A low-key Melbourne hotel has stunned guests with a dramatic makeover after a $5.1m upgrade. Here’s what’s changed.
Buying & Selling
Taiwanese billionaires set to buy Surfers Paradise icons in $370m mega deal
One of the biggest landmarks in Surfers Paradise is close to selling to a billionaire family investment group, continuing the march of Asian investment on the glitter strip.
Buying & Selling
Publicans Jason and David Marlow buy Silverwater Hotel in Sydney’s largest pub deal
A pair of low-profile Sydney publicans have outbid multiple buyers to secure the $77m Silverwater Hotel in the city’s largest pub transaction this year.
Investing
Accor reveals plans to fill network ‘gap’ with more Brisbane and Perth hotels
Accor says it needs more properties in Brisbane and Perth as Australia’s tourism surge drives record bookings across its 400-strong network.
Market Insights
Pokies, food and redevelopment potential now driving surge in Australian pub values
Australian pubs that combine gaming, dining and events are commanding premium prices, with alcohol consumption rising since 2020.
Market Insights
Five-star hotel part of major Western Sydney development
One of Western Sydney’s biggest suburbs is set to be transformed with a new city square, luxury 279-room development and more.
Market Insights
Osborne Park Association backs Gurner hotel deal for mansion
Community group backs council deal with luxury developer Tim Gurner to transform a historic North Geelong mansion into a boutique hotel while keeping it in public hands.
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