Clyde Mooney

Website
http://pubtic.com.au

UNIVERSAL SNAP UP NEWTOWN AS CLG EXITS

Posted on May 17th, 2021 by Clyde Mooney
The Kospetas family’s Universal Hotels has jumped at the opportunity of another large-format Sydney operation, taking the keys to the Newtown Hotel from Chris Morris’ Colonial Leisure Group The three-level Newtown, on King Street, is a local institution, catering to

TENANTS TAKE THE TITLE AT SODEN’S

Posted on May 17th, 2021 by Clyde Mooney
Up-and-coming hoteliers Brendan Tracey and Lyndall Hutchinson have secured the deeds to their beloved Soden’s Hotel in Albury, amid strong competition. The popular pub sold via onsite auction on Friday, the hammer falling at $5.45 million. The two-storey Hotel occupies

COURT RULES ON LAUNDY’S QUARRYMAN’S QUAGMIRE

Posted on May 14th, 2021 by Clyde Mooney
A controversial case of buyer’s remorse has been settled in the NSW Supreme Court this week, bringing judgement on a dispute over the sale of the Quarryman’s Hotel by Laundy Hotels to the Parras family. More than a year since

PATRON HIT WITH AN AXE OVER POKIES WINNINGS

Posted on May 14th, 2021 by Clyde Mooney
A patron at a Parramatta pub has been hospitalised following an alleged robbery in the toilet. Emergency services were called around 11am Thursday to Parramatta’s Commercial Hotel, to reports of a robbery and injury to a man who was thought

LEWIS LEAPS INTO RAMADA

Posted on May 12th, 2021 by Clyde Mooney
John Lewis is the latest Sydney publican looking to leverage into the accommodation market, snapping up the Top300 Ramada Hotel & Suites in gaming heartland Cabramatta for around $39 million. The Hotel is in Lansvale, on the Hume Highway in Sydney’s

BUDGET BLESSINGS MIXED FOR PUB INDUSTRY

Posted on May 12th, 2021 by Clyde Mooney
The Federal Government has handed down the budget for 2021-22, bringing mixed results for the hotels and tourism sectors in a plan squarely aimed at Australia’s economic recovery. The latest and third budget from Treasurer Josh Frydenberg outlines record funding

HOTEL TULLY HITS HOT QUEENSLAND MARKET

Posted on May 12th, 2021 by Clyde Mooney
Hotel Tully, on Queensland’s Cassowary Coast, has hit the market amid increasing interest in tourism-laden regional assets.   Commonly known as the ‘Top Pub’, Hotel Tully was built 1926 and is considered a local landmark, with direct frontage to main

AVC HALTS IPO AND ALH KICKS OFF

Posted on May 10th, 2021 by Clyde Mooney
AVC has announced it has postponed its IPO, as Sydney flares and the Woolworths-backed ALH takes another step on its run to the ASX. Australian Venue Co, majority owned by New York investment bankers KKR, formally announced a halt to

PUB PENALISED OVER TOO MANY FREE DRINKS

Posted on May 10th, 2021 by Clyde Mooney
A pub and licensee in Sydney’s south have been fined and penalised for failing to limit free drinks to a man on a gambling binge. Complaints lodged by Liquor & Gaming against the venue relate to the service of a