The final steps to a Redcape IPO have begun, with the owner-operator model being touted as the key to potential. Redcape Hotel Group lists operations in 22 hotels in New South Wales and three in Queensland, overwhelmingly demonstrating a focus on gaming (see venue rankings below). The Group is owned by York Capital and Värde […]
The National Australian Hotels Association has lobbied for lower excise rates in venues to reflect changing times and “safer environments”. The AHA has made a submission to the Federal Government’s tax policy white paper taskforce, calling for discussion around reduced taxes on wine and spirit bulk alcohol products sold in hotels. It is suggested that
A series of New Zealand pubs have had penalties imposed after failing to comply with the “fun police”. Three venues have received licensing restrictions this week for matters relating to extreme drunkenness, after inspectors encountered patrons so intoxicated they were vomiting, fighting or had urinated on themselves. New Zealand’s Alcohol Regulatory and Licensing Authority (ARLA)
NZ PUBS SLAPPED ON WRIST FOR REPEATED LICENCE BREACHES Read More »
Well-known Darling Harbour bar La Cita has closed citing the “radical” drop in business due to the Sydney CBD ‘lockout’ laws. CRS Insolvency Services has been appointed, after approximately $580,000 of debt was accumulated before the owners determined to file for liquidation – blaming the 1:30 lockouts and 3am closing for a “radical drop in
A Port Macquarie licensee has copped fines and disqualification for ‘unacceptable’ behaviour. Monique Louise Turner, licensee of the Settlers Inn Hotel, pleaded guilty in Port Macquarie Local Court to seven offences under gaming and liquor laws. She was disqualified from holding a liquor licence or managing a venue for a year, and fined $2,300 plus
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 »
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