Patrick Gallagher and partners have found success in the sale of their large-format Meadowbrook Hotel, tempting a New South Welshman into a thriving gaming operation in the heart of Queensland’s south-east. Located roughly midway between Brisbane and the Gold Coast, the pub enjoys an ideal catchment encompassing retail, commercial, medical, industrial and residential premises, being […]
The landmark Metropolitan Hotel of inner Melbourne has reopened following a multi-million-dollar refurbishment, transforming it into a three-storey ‘mega venue’. First established 170 years’ ago, the historic pub now standing on the corner of William and Little Lonsdale Street – in the heart of Melbourne’s legal precinct – was built in 1937 and dons a
New York banking giant JP Morgan has released its Annual Slot Market Survey, providing industry with professional analysis and insights into the evolving EGM sector. JP Morgan conducts the survey each year and analyses the results. The process tracks multiple key benchmarks, notably annual capex spend on machines, conversions, management perception of manufacturers, and the
A prize of the northern rivers has hit the market, with sale of the blank canvas Argyle Hotel in the popular and under-pubbed coastal community of Maclean. The two-storey sandstone hotel first opened in the centre of the town in 1894 and was hailed as “the handsomest commercial building In Maclean” and reputedly the “best
A Melbourne couple has created a new pub for St Kilda, channelling the look, feel, taste and name of the classic British boozer in their unveiling of the Lion & Wombat. Aspiring public house creator Alex Back spent time managing pubs in the UK, and he and wife Sophie Machin were looking to craft a
Britain’s largest pub group has announced the introduction of controversial ‘surge’ pricing on drinks at its busiest venues, with inflation-tainted patrons not happy. Stonegate Group keeps 4,500 venues, including chains Yates’s and the Slug & Lettuce. In the six months prior to April this year the company reported a loss of 23 million pounds (AU$45
Property developer Virtical has stepped up its hospitality footprint, exchanging contracts with MA Financial to acquire the high-profile Kinselas and Courthouse hotels, in Taylor Square. In November 2020, the unlisted MA Taylor Square Fund acquired the prominent Courthouse Hotel on Oxford Street for $22 million from the family of late hotel patriarch Claude Wright, who
The historic White Horse Hotel of St Peters is for sale, offering a new era for a tradition that has spanned more than 180 years in the area. There have been multiple pubs bearing the name White Horse in Sydney, bringing curious connection over the course of successive generations, at four locations. The most recent
The ACCC has put a pause on ALH’s acquisition of the landmark Rye Hotel, amid competition concerns for patrons in the area. The big Rye Hotel is an icon of Victoria’s Mornington Peninsula, providing public bar, gaming room, 43 accommodation rooms, and a thriving drive-through bottleshop. ASX-listed Endeavour (ASX:EDV) agreed in June to purchase it
The Kelly group shake-up continues with the outfit putting up the character-laden Centennial Hotel, in the town on the ten-dollar note. Known affectionately as the ‘Cenny Hotel’, the pub inhabits a prominent corner site in the historic 19th century gold rush town of Gulgong. Holding a 1,345sqm site, it counts a single bar operation, bistro,
A product of The Information Collective
ACN. 603 201 109
ABN. 21 603 201 109
