Universal Hotels has exchanged its thumping Newtown Hotel for the iconic Lord Roberts in Darlinghurst, in a deal valued at around $20 million. The Newtown Hotel resides on a high exposure 700+sqm corner of the bustling King Street retail and entertainment strip, close to Newtown Station and the University of Sydney. The multi-level building caters […]
Another of the distressed Public Hospitality portfolio has sold, seeing Paddington’s long-standing ‘Three Weeds’ going to an unnamed “private investment syndicate”. The former Rose, Shamrock and Thistle, more commonly known as Three Weeds, is one of the precinct’s historic pubs, first opening on the present 536sqm site in 1884. The current four-storey Art Deco hotel
The O’Hara Group has expanded its presence in Parramatta, quietly opening an all-new brownfield pub in the heart of the CBD. Station Hotel is a all-new, multi-level watering hole on Church St, opposite Westfield, for up to 450 patrons. It aims to attract both workers and local residents, touting “exceptional food, welcoming spaces and memorable
The Albany Hotel is one of potentially many pubs that is in business today after legally wiping most of its debt, courtesy of Australia’s new-ish Small Business Restructuring (SBR) laws. Turning 60, Neville Walton went through with a long-held dream to buy and operate a pub in his pre-retirement, taking over the business at the
Balmain’s beleaguered Town Hall Hotel is back, after selling this week to a ‘restitutional’ investor as the Public Hospitality portfolio flounders. The Town Hall Hotel was built in 1888 on a corner of arterial Darling Street, opposite the suburb’s actual Town Hall, as part of the Balmain Civic group of buildings. In recent years it
Despite inclement temperatures and flagging footfall, there are things operators can do to get patrons off the couch and in for a hot meal and good time. Paul Hadida, SevenRooms’ managing director APAC, offers some perspective for publicans looking to shake up the winter blues. * Walk through any Australian city or town, and you’ll
Institution of Sydney’s lower north shore, the Pickled Possum in Neutral Bay, is being sold as a vacant freehold going concern through receivers and managers. A staple of the precinct since 1981, the colourful, eclectic late-night karaoke bar, famous amongst other things for serving drinks out of eskys, has long been a destination venue for
Fraser Coast favourite the Bayswater Bar & Grill in Hervey Bay has been sold to national operator Australian Venue Co, bringing the buzz to one of Queensland’s less frequently transacted hot spots. Positioned right on the water, the BB&G is one of Hervey Bay’s go-to dining destinations. Hugely popular with locals and tourists alike, it
ALH is forging ahead with ambitious capitalisation plans, having submitted application to add a 30-storey hotel and residential tower above the historic Morrison Hotel. Australian Leisure & Hospitality (ALH) is the hospitality arm of listed Endeavour Group, which holds the pub operator, with 350 hotels, and major retail chains BWS and Dan Murphy’s. Many of
Harvest’s Courthouse Hotel in Tamworth is inviting guests to come and chill, out, with a resplendent Winter Wonderland promotion that includes ice skating. The Courthouse has been a Tamworth institution since 1876, and Harvest Hotels is ushering in its first ever themed event to welcome winter in the New England north-west. A seven- by ten-metre
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