US hospitality giant Delaware North has confirmed settlement on two of potentially many pub purchases in Queensland, as it exits the race to a JV with Coles’ Spirit Hotels. Founded in 1915, Delaware North (DN) operates hundreds of hospitality venues across four continents, employing over 60,000 people and serving over half a billion customers annually. […]
DELAWARE SETTLES BIG BUYS IN BRISBANE, PASSES ON COLES Read More »
Long-serving owner-operator Phil Ryan has listed his beloved Eatons Hotel, offering big potential for a fresh set of eyes. Ryan has been running the pub since buying it in 2003, working with his daughter to keep the Muswellbrook Hotel up with demand. After 15 years behind the bar every day, he says he needs a
First-time owner Tim Ireson and family have taken hold of Orange’s Ophir Tavern, with plans and plenty of opportunity on a great site in the growing town. The Ophir is set on a big 9,171sqm block zoned B6, and one of just two pubs in the eastern side of Orange. For a dozen years it
The high-profile Royal Commission into Australia’s banks has turned the spotlight on commercial practices – particularly the wake of foreclosures on pubs by Bankwest post-GFC. The controversial practice of ‘non-monetary default’ clauses has been in discussion at the Commission, prompted by testimony of former Bankwest customers owing commercial loans on hotels. Testimony has centred on
Ending two decades reign, the O’Sullivans have divested their iconic Essendon local. Previously a butcher shop and a hardware store, the family bought the Mt Alexander Rd site in 1988 and created an Irish-themed pub they eponymously called O’Sullivan Hotel. Eighteen years later, a major refurbishment produced a change in direction and name, as an
Newcastle landmark the Grand Hotel has come to market for the first time in 30 years, as Mike Angus looks to retirement. The two-storey Grand Hotel is a classic Victorian-era structure built in 1891 on a 340sqm block. Newcastle only got its first licensed public house, the Shipp Inn, in 1823, but by the end
The latest Rich List has been announced, featuring a dozen debutants including pub king Justin Hemmes. BRW first published its Top 200 Richest People in Australia in 1984, and counted (the late) John Hemmes and Merivale Hemmes, parents to Justin and Australia’s richest hospitality empire. John and Merivale had an estimated wealth at the time
As pundits speculate on the disposition of Coles’ Liquorland-Spirit cache of Queensland pubs, the freehold interest of the Group’s Club Hotel has hit the market boasting a new 15-year lease. The Club Hotel Waterford is set on a prominent 11,000sqm corner site, around 27 kilometres south of the Brisbane CBD. It counts a sports bar,
Charter Hall is selling the historic and long-dormant Royal Hotel Perth as its Yagan Square redevelopment and the huge City Link project restore it to the heart of the city. The two-storey and heritage-listed Royal was built in 1882, marking the juncture of Wellington and William Streets. More than a century later, it is an
Elegant Queenslander the Hotel Mitchell has come to market via Trustee sale, offering a blank slate freehold for a bottom line price. The two-storey brick and timber Hotel was built in 1918 on a big 2,679sqm block on the first corner of the Warrego Highway (A2) coming into Mitchell. It replaced the original Post Office
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