UNIVERSAL AND MILLINIUM TAKE THREE MORE PUBLIC HOTELS

The Kospetas family’s Universal Hotels has joined Tom Wallace’s Millinium in capitalising on the former Public Hospitality Group, separately taking hotels in Darlinghurst, Bondi and Potts Point. In the fallout of the failed venture, ex-KPMG dealmaker-turned-publican Jon Adgemis saw his

EMPIRE BUILDING FOR NEW MILLINIUM

Millinium Capital Managers has furthered its push into pubs, purchasing the stately Empire Hotel in Annandale out of the now defunct Public Hospitality portfolio.   Bankrupt banker turned publican Jon Adgemis bought the pub from Oscars for $18 million, as

BRAITHWAITE MOVES ON THE METRO

The Murphy family has moved on from the Metro Hotel Bundaberg, passing the keys to cross-border veteran Peter Braithwaite for an undisclosed amount. The pub began as the Adams Hotel in 1874, built and licensed by Walter Adams in the

LAUNDYS ADD ASHMONT INN IN WAGGA

After nearly half a century of ownership, the well-regarded Mathot family has sold its Ashmont Inn Hotel in Wagga Wagga to a Laundy-O’Hara partnership. Established in 1978, the Inn has been held ever since by the family, comprising Johanna and

LYONS CATCHES HOWLONG

Buoyed by recent accolades, decorated regional hotelier Ash Lyons has grown the collection with purchase of Adam Drabarek’s prominent Howlong Hotel.   Howlong, with local population of around 2,500 residents, is recognised for its Murray River frontage, acclaimed golf course

FLOWER PASSES LONG FLAT IN BELATED RETURN FOR BROTHERS

Veteran hotelier Alistair Flower has relinquished his Long Flat Pub to high-flying newcomers Stephen and Scott McMillan, in a return to the country a century in the making. Flower Hotels, led by Port Macquarie hotelier Alistair Flower, acquired the hotel

EAST VILLAGE SOLD TO NEW PUBLICAN RESTAURANTEUR

The landmark East Village Hotel on the Balmain peninsula has sold to a pub industry newcomer, as city-fringe hotels are increasingly about the appeal of experiential dining. Affectionately known by devotees as ‘The EVH’ the pub provides a public bar,

MOMENTO SELLS SILVERWATER TO A MOTIVATED MARLOW

Momento Hospitality has divested big western Sydney suburban the Silverwater Hotel to Marlow Hotel Group, in one of the year’s biggest transactions. The Colosimo family’s award-winning Momento Hospitality has invested in new developments in recent years, including Mullane’s Hotel in

LAUNDYS’ SETTLER’S SALE HERALDS KELLY’S COMEBACK

Team Laundy has divested the big Settler’s Tavern in West Gosford to returning industry player Damian Kelly. Arthur Laundy AO, along with his daughter and son-in-law Justine and Nick Tindall, bought the large-format pub early 2016 from the Bernie family.