In an era where a venue’s branding and public persona are more important than ever before, the team of Scott Leach and Fraser Short are owning one of Sydney’s most trendy precincts. On the back of unveiling its renovated dining space Howard’s Cantina, Scott Leach’s Rose of Australia, in Erskineville, engaged social media and marketing […]
The march of Merivale continues with another prominent acquisition, the group picking up Halcyon’s Hotel Centennial on Oxford Street, Woollahra. The Centennial is a landmark two-storey pub built in 1888 on a 780sqm block, opposite Centennial Park, making it proximate to race-goers from Randwick, and visitors to Sydney Cricket Ground and Football Stadium. It was
MERIVALE TAKES ANOTHER HEART OF THE EASTERN SUBURBS Read More »
Around 1200 of the industry’s elite gathered last night at The Star to celebrate the Australian Hotels Association NSW’s night of Excellence. Germane to the ongoing strength of the hotel sector, the 2017 Awards for Excellence featured more than 600 nominees across a record 50 categories. (FULL LIST BELOW) A number of venues and groups
Morry Schwartz has divested two big properties in Melbourne’s East End, collecting $92 million for the Adina Hotel, and the city’s oldest pub, the Duke of Wellington, operated by Dixon Group. Publisher and property developer Morris ‘Morry’ Schwartz put the landmark properties to market in October, offering 2 Russell St, site of the recently upgraded
SCHWARTZ REAPS $92m FOR DIXON’S THE DUKE PLUS ADINA Read More »
After nine years and industry pressure, the liquor watchdog will be conducting a review into the special conditions on 15 venues known as the ‘Newcastle solution’. The NSW Independent Liquor & Gaming Authority (ILGA) has announced the review and submission process, to be conducted by barrister Jonathan Horton QC. The process will look at the
ILGA TO REVIEW LONG-STANDING ‘NEWCASTLE SOLUTION’ Read More »
Universal Hotels has boosted its presence in Darlinghurst, acquiring the multi-level Brighton Hotel in the heart of a rebounding Oxford Street. The Brighton has been owned by the same family since 1977, and hit the market in August as its 82-year-old owner looked to retirement. Located on a small 127sqm lot, the four-level brick structure
UNIVERSAL ACQUIRE BRIGHTON HOTEL ON OXFORD ST BOUNCE Read More »
The father and son team accused of torching their Ravenswood pub for the insurance money have been convicted and sentenced. A fire on 9 June 2014 destroyed the Junction Hotel, owned by the Jansen family. In the following months, police observed persons of interest and intercepted phone calls between 65-year-old Jozef Jansen and his son
UPDATE: The historic Water Rat Hotel in South Melbourne has sold, holding a short lease and offering a range of options for the buyer. The two-storey pub was built in 1858 as Druids Hotel on a 314sqm block just three kilometres from the Melbourne CBD, providing 513sqm of floor space with two separate bar areas,
Recent activity by AUSTRAC (Australia’s financial intelligence agency, governing anti-money laundering and counter-terrorism financing) is believed to be part of plans for increased reporting by hospitality operators, says consultant firm Risk Training Australia. Submitted by Phillippa Lloyd, Risk Training Australia AUSTRAC recently published a notice advising all pubs and clubs they do not have
AUSTRAC INCREASING FOCUS ON MONEY LAUNDERING IN HOTEL SECTOR Read More »
This week Moelis – new owner of Redcape Hotel Group – announced nearly $100 million in acquisitions into the portfolio ahead of a big capital raising and its potential re-listing. Redcape Hotel Group (RHG) already operates top gaming pub the Cabramatta Inn, and has executed a $45 million purchase of the freehold from the Bowden
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