Clyde Mooney

Website
http://pubtic.com.au

DIAGEO “STANDS WITH” INDUSTRY TO HELP REVIVE SYDNEY

Posted on May 23rd, 2016 by Clyde Mooney
As Sydney languishes under the weight of lockouts and trade restrictions, Diageo recently assembled a brains trust to discuss the city’s revival and plans for moving forward. The world’s largest drinks manufacturer has an unrivalled perspective on alcohol consumption and

NEW PLAYERS ENTER INDUSTRY AND ‘THE LOCAL’

Posted on May 23rd, 2016 by Clyde Mooney
Following “stringent investment criteria” a syndicate has purchased the newly-tenanted and renamed The Local Hotel freehold for $2.5 million. As pubs around the country continue to benefit from upmarket investors, Scope Property Group has seen its way into a South

HEART OF HINTON REVIVED TO LOCAL RELIEF

Posted on May 23rd, 2016 by Clyde Mooney
A stalwart of NSW regional pubs is alive again, with the reopening of Hinton’s historic and indispensable Victoria Hotel last Friday. Following the untimely death of former owner Michael Mullane in January, a pair of local mates banded together to

HOTELS FOUND GUILTY OF UNDERPAYING BY FAIR WORK

Posted on May 23rd, 2016 by Clyde Mooney
Some of the largest hotel brands in Australia have avoided court action over underpaying cleaning staff. Four and Five-star hotels Starwood (owner of Sheraton brand), Accor and Oaks Hotels were investigated following more than 7,600 calls from cleaners claiming to

LANTERN OFFERS BEAUMONT EXCHANGE HOTEL TO MARKET

Posted on May 20th, 2016 by Clyde Mooney
On the back of recent successful divestment campaigns, Lantern Hotel Group has put to market the Beaumont Exchange Hotel, in Hamilton. The ASX-listed Lantern (LTN) has enjoyed a number of hotel sales significantly above book value, and in continuation of

PETERSHAM HOTEL SALE TICKS INVESTOR BOXES

Posted on May 20th, 2016 by Clyde Mooney
After the successful introduction of a new tenant, the freehold of the Petersham Hotel has burst onto a market prowled by investors. Located just a few kilometres from Sydney’s CBD, the Hotel possess a coveted 3am licence, bistro, nine EGMs

LANTERN BOASTS MORE PREMIUM PUB SALES AMID TURN-AROUND

Posted on May 18th, 2016 by Clyde Mooney
ASX-listed Lantern Hotel Group is forging ahead with its turnaround, announcing the sale of further assets, particularly the landmark Bowral Hotel for $6.35 million. Following a shareholder vote to oust the existing Lantern (LTN) board mid-2015, the newly-appointed Chairman John

REDCAPE GOES TO COURT OVER NEW EASTWOOD HOTEL REJECTION

Posted on May 18th, 2016 by Clyde Mooney
Redcape Hotel Group and management of the Eastwood Hotel are taking Ryde Council to court over denied plans to build a new adjacent hotel. The Eastwood is a prominent corner landmark of the western Sydney suburb, and the Group submitted