Another Wagga Wagga hotel hotel has sold sold, as the famous Romano’s joins a family in Riverina pub ownership. The landmark Romano’s Hotel has been in the hands of a syndicate of local and Sydney-based owners since 2016. The investors spent $1.6 million on a strategic renovation and refurbishment, predominantly of the ground floor and […]
Hospitality juggernaut Merivale has announced it will soon join Melbourne’s world-class hospitality industry in the beating heart of the city’s CBD, Flinders Lane. Justin Hemmes’ outfit has purchased the freehold of Tomasetti House at 277 Flinders Lane, for close to $45 million. This represents Merivale’s first venue in Melbourne, its first outside New South Wales
Leading Victorian pub group Black Rhino is seizing opportunity, snapping up a collection of gaming hotels in metro and regional South Australia, starting with the Newmarket in Port Adelaide. David Tomsic – owner and managing director of the Black Rhino Hotel Group (BRH) – is executing strategic moves into the State in pursuit of uplift
A syndicate led by Sam Cruikshank and Sean O’Hara has furthered the faith in the land of many crows, snapping up the Sportsmens Club Hotel. Known locally as ‘Sporties’ the pub features public bar, bistro, gaming room with 14 machines, beer garden and five accommodation rooms, holding a 2am liquor licence Thursday to Saturday. It
Sam Arnaout’s Iris Capital empire has taken another big step with the $105 million purchase of the iconic Lasseters Hotel Casino in Alice Springs. Formerly known as the Diamond Springs Casino, the property opened in 1981. Known as an oasis in the red centre, it featured in the 1994 movie The Adventures of Priscilla, Queen
The troubled Royal Oak Hotel of Cessnock has been sold through receivers to a growing local hotelier. Built 1922, the pub enjoys a prominent corner in Cessnock – known as the gateway to tourism hotspot the Hunter Valley. The large brick hotel features a bar, bistro, and spacious rear beer garden, 14 pub-style accommodation rooms
The Kospetas family’s Universal Hotels has picked up the unsung Tempe Hotel for north of $10 million, with big hopes for the changing pub landscape. A hotel was first established on the site, on the Princes Highway, in 1856. In the 1890s the current two-storey brick building was constructed, enjoying a block nearly 1200sqm. The
The Winchester Group has soaked up The Sun Hotel in Bryon Bay from the Flannery family’s KTQ Group for an undisclosed price. The rich-listed Flannery family built The Sun on a generous 7,653sqm freehold landholding near Byron Bay’s North Beach, on arterial Bayshore Drive. It holds a full hotel licence, offering public bar and TAB,
A posse of publicans led by Newcastle-based Nicholas Quinn have purchased both the freehold going concern of Taree’s Royal Hotel and passive freehold of the nearby Australian Hotel in Wingham. The Royal Taree is a classic regional watering hole, offering a quality bar operation and beer garden with stunning views over Manning River, gaming room
There’s more fresh blood into Bathurst courtesy of the second sale in a week, in the freehold going concern of the big Elephant & Castle Hotel. The Elephant sprawls across its generous 1,067sqm corner block, providing a public bar, commercial kitchen and bistro, beer garden, gaming room with three EGMs, and a previously well-patronised nightclub,
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