One of Australia’s biggest pub operators, Bruce Mathieson, has sold a Brisbane CBD accommodation hotels to a Singapore investor for $29.5 million. The 13-storey 99-room Rendezvous-branded hotel sold in an off-market transaction through Knight Frank’s Justin Bond and Tom O’Driscoll. It is located opposite the city’s heritage precinct – which is currently under tender for […]
The US Navy gravy train has just rolled out of another Australian city after further boosting of relations and the hospitality sector. A flotilla of American naval vessels have been docking in Australian ports ahead of the biennial Talisman Sabre (2015) joint exercise between the U.S. Pacific Command and Australian Defence Force this month. Brisbane
The OLGR has undertaken to perform a comprehensive review of the benefits and impacts of the forced 10pm bottleshop closure law, to the relief of industry and warning cries from anti-liquor advocates. The NSW Office of Liquor, Gaming & Racing issued a communique to industry stakeholders last Thursday revealing it will be conducting the review
Backlash against the “nanny state” has reached parliament, with Senator David Leyonhjelm launching a Senate Inquiry into laws and regulations that restrict people doing things at their own risk. Leyonhjelm is a Liberal Democrat senator elected to parliament in the 2013 Federal Election. The party was formed in Canberra in 2001, broadly based on classical
NANNY LAWS IN SENATE FIRING LINE AS ‘RIGHT TO CHOICE’ DEFENDED Read More »
The long-running stoush over Victorian horse racing has entered a new stage with the AHA calling for a moratorium on fees to venues. The agreement between Tabcorp and the Victorian thoroughbred racing industry expired 31 December, 2012, and has been in negotiation since. In recent bulletins, Tabcorp noted that the interim broadcasting arrangement was due
Police in Queensland are investigating the attempted ‘armed’ hold-up of a Brisbane pub, after a man demanded cash and threatened a staffer with a finger-pistol in his jacket. The weapon-less man entered the ALH-run Pub Lane Tavern just before closing at midnight last Thursday and approached a staff member, who refused to hand over money
The bottom line has hit the directors of ASX-listed Lantern Hotel Group, as big shareholders succeed in ousting them in favour of more experience and the promise of potential. Millinium Asset Services served Lantern (LTN) notice in April it was exercising its right as a 24 per cent shareholder to call a general meeting. This
BIG BUSINESS BITES LANTERN HOTELS DIRECTORS AS STAKEHOLDERS OUST OLD FOR NEW Read More »
Funds manager Charter Hall and super giant Hostplus have quietly acquired another three ALH pubs as the battle of the listed landlords continues. Following the pair’s $600 million vehicle, the Long WALE Investment Partnership (LWIP) that last year bought 54 freeholds tenanted by the Woolworths-backed ALH, another $200 million was recently raised for LWIP 2
The O’Hara family have parted with their Nags Head Hotel – selling with “mixed feelings” to high-flyer Geoff Dixon. After 15 years that have seen mum the licensee, all seven kids working within, and both Dan and his brother having met their wives at the pub, the O’Hara family has worked hard to keep the
The Gaming Technologies Association is bringing the tech to this year’s big show – with live updates for savvy visitors through its new-generation AGE app. The Australasian Gaming Expo (AGE) will take place 11-13 August at the Sydney Exhibition Centre @ Glebe Island, showcasing the latest and greatest in gaming technology, products and services. Following
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