COVID has struck again, with the Australasian Gaming Expo (AGE) postponed again in 2021, as the NSW lockdown is extended and government rolls out the latest support measures. With no end date in sight for the current NSW restrictions, in response to rapidly growing COVID case numbers and the heightened risk in the Delta variant, […]
Michael Lucas and David Kennewell have secured their latest exit from the industry with sale of their Cooee Hotel in St Georges Basin for around $7.7 million. Brisbane-based Lucas and long-term partner Kennewell acquired the freehold of the pub, just two streets from St Georges Basin, in early 2019. But the tenant moved out and
Harvest Hotels has announced its successful acquisition of Wagga Wagga’s William Farrer Hotel. This is the latest regional hospitality venture for the group. It follows the revival of Tamworth’s oldest pub, The Courthouse, and purchase of Brady’s Railway Hotel Albury, both in late 2020, and purchase of the Milestone Hotel in Dubbo in May this
The enterprising Prince Alfred Hotel in Port Melbourne is the focus of a debate at the highest levels over its offer of a free drink to patrons that get the COVID vaccine. Last week PubTIC reported on the initiative by Anna and Tom Streater, offering customers a free beer, wine or mixed drink upon showing
PM TOASTS PRINCE ALFRED HOTEL, OVERRULING BAN ON FREE BEER PROMO Read More »
Industry specialist PKF Hospitality is expanding its offering and changing its name to Quantaco. PKF Hospitality was established 10 years’ ago by Anthony Sullivan, the original company offering accounting and business advisory services to help hospitality venues all around Australia. The new Quantaco proposition, which focuses solely on the hospitality industry, provides a suite of
The ultra-waterfront Harrington Hotel has been sold by the Nixon family to the pub coast king, Stephen Hunt. Having purchased the pub in 1998, the Nixons have sold the Hotel in line with market guidance, sources say was $15 million, to the Stephen Hunt-led organisation. “This asset has been in the same family for over
Balmain’s famed London Hotel has been sold off-market by the Stevens family to Ray Reilly and Co for $8.5 million. The Stevens’ acquired the landmark pub on Balmain’s Darling Street in 1989 from the Coopers Brewing family. The family also owns the Spinning Wheel Hotel in Raymond Terrace and Commercial Hotel in Tumut. The pub
ALH’s famed Royal Exchange Hotel in Brisbane’s Toowong has come up for sale, offering investors a trophy asset on an A-grade lease for the next 47 years. Occupying 2,453sqm in the river suburb of Toowong, the Royal is known to be one of the State’s most famous beer gardens, atop its multiple bars, gaming lounge
Kings Cross landmark O’Malley’s Hotel has sold to the expanding Wayne Group, representing their entry to the super-hot Sydney market. O’Malley’s came up for sale in March, on behalf of KPMG as Receivers & Managers, amid rumours of a partnership dispute between the freehold owners. Located on a 967sqm site just metres from Kings Cross’
The award-winning Railway Hotel in Parkes has been sold by Bianca Sheridan and Kasie Fergusson to an aspiring local developer. Sheridan and Fergusson purchased the hotel in 2010. They went about a major renovation and repositioned the pub to focus on foodservice, leading to a string of accolades and reputation as one of the most
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