Clyde Mooney, Author at PubTIC

BLUE-CHIP SALES TIGHTENING YIELDS

Posted on August 13th, 2021 by Clyde Mooney

Sale frenzy continues around hotels as blue-chip assets, seeing an ALH pub in Brisbane set a new benchmark, as Melbourne’s Zagame family cash in more chips. Culminating its coming to market in July, the Royal Exchange Hotel in Brisbane has

LOCAL SAVES HEBEL PUB BY BUYING TOWN

Posted on August 13th, 2021 by Clyde Mooney

Local legend Frank Deshon has saved the pub and people of Hebel from fading off the map by buying every business in town. Hebel is a tiny town in south-west Queensland, on the Castlereagh Highway, just a few kilometres on

PHMG PLAN NEW HURSTVILLE HOTEL

Posted on August 11th, 2021 by Clyde Mooney

PHMG is working with developers on a brand-new family-friendly pub within a major new retail and commercial development in Hurstville. Currently under construction, One Hurstville Plaza is a $60 million 14-storey office tower at 288 Forest Rd, between Westfield, Hurstville

EXPANDING LOCAL OPERATOR CATCHES CESSNOCK’S RAILWAY HOTEL

Posted on August 11th, 2021 by Clyde Mooney

Continuing the shake-up in Hunter Valley hospitality, the Railway Hotel in Cessnock has been sold to a local, diversifying operator. The two-storey Railway Hotel features a public bar, commercial kitchen and bistro, popular children’s playground, ten accommodation rooms plus a

VIC PUBS COP CONTROVERSIAL CURFEW FINES

Posted on August 11th, 2021 by Clyde Mooney

Paul Dimattina is one publican hit with a $10k fine, for his Lamaro’s Hotel supposedly trading past curfew, amid denials and accusations authorities are targeting critics of the State’s policies. Victoria entered its sixth lockdown order last Thursday, requiring venues

KNOX GOES MORE IN MOREE

Posted on August 6th, 2021 by Clyde Mooney

Growing local hotelier Jim Knox has expanded his collection with purchase of the Royal Hotel in Moree from long-term owners Deb and Tim Evans. The Royal of Moree is a large, two-storey brick pub with a generous Federation-style parapet, on

100 BURGERS GETS PENNY BLACK BACK

Posted on August 6th, 2021 by Clyde Mooney

100 Burgers Group has revived the former Penny Black of Brunswick, sporting a streamlined moniker and nod to grungy 70s Japanese pop culture. Previously operated by Colonial Leisure Group, Penny Black was a haven for live music, with a big

NEW TEAM INTO BRIGHT BROLGA HOTEL

Posted on August 6th, 2021 by Clyde Mooney

The thriving Brolga Hotel of Coleambally has been sold by successful first-timers to new ambitious first-timers Darren and Nathan Maddison. Located north of Albury, around 600 kilometres south-west of Sydney, Coleambally is home to around 650 people, and one pub

ROCHE RICH-LISTERS CONTINUE EXPANSION INTO PUBS

Posted on August 4th, 2021 by Clyde Mooney

A new generation of hotel royalty is stepping up its footprint in pubs, with rich-listers the Roche family consolidating their pivot with purchase of Armidale’s Royal Hotel. The Royal is the latest acquisition by the Roche Group, headed by Bill

STAR GROUP SEES BLUE SKY IN TOWNSVILLE

Posted on August 4th, 2021 by Clyde Mooney

Star Hotels’ expansion and diversification continues with purchase of the Central Hotel in Townsville. Steven Shoobridge’s Star Group lays claim to being Queensland’s largest independently owned and operated pub and liquor retail chain. The company moved into hospitality in 1996