ASX-listed hotel giant Redcape has announced acquisition of both the Shafston Hotel at Kangaroo Point and Aspley Hotel in Aspley from Delaware North for $27.5 million. Delaware North is a US hospitality giant founded in 1915 that operates hundreds of hospitality venues across four continents and employs over 60,000 people. At one point it was […]
Victorians are making hay in the sunshine of eased restrictions as opportunities emerge and the countdown to Christmas begins in earnest. This week brought the highly anticipated move to one patron per two square metres and no cap on numbers, plus the return of vertical drinking. QR codes remain mandatory but masks are optional. With
Iris has executed the biggest sale of the year in the final weeks of 2020, taking the Ryan family’s long-held Narwee Hotel in Sydney’s south. The Narwee Hotel is a multi-storey suburban local on a big 3,370sqm block immediately opposite the Narwee Train Station, with a 24-hour licence. Currently ranked #137 on the Liquor &
Signature Group has unveiled its latest win for Victorian hospitality with the hugely anticipated opening of The Sporting Globe at Chirnside Park. The latest The Sporting Globe (TSG) swung open the doors to punters on Friday (4 December), just in time for lunch. This is the largest of the growing Victorian franchise, licensed for 742
The Barooga Hotel in the popular holiday resort town of Barooga has been sold to the Ratcliffs, continuing the market strength for quality regional operations. Stephen and Elizabeth Ratcliff are the proud new owners of the sole hotel in Barooga, a two-storey corner pub offering a public bar and thriving bistro, with pizzas on Friday
The Australian hotel industry is mourning the loss of industry legend John Thorpe AM, who passed away Thursday aged 80 following a long illness. Considered a giant of the hotel scene, Thorpe served two terms as President of Australian Hotels Association NSW, from 1993-1995 and from 1999-2008, as well as a term as National President
Amid a wave of rapidly executed renovations in response to pandemic conditions, many hotel owners are missing out on claiming their available depreciation deductions, according to an industry specialist. Hoteliers and commercial property owners most commonly underclaim on depreciation because they simply do not know about it, or they have engaged someone not proficient in
Hollywood celebrity Matthew McConaughey is fronting a new initiative honouring local legends, amongst them Matthew and Linda Rudd, owners of the Batlow Hotel. The Wild Turkey “With Thanks” program is celebrating the protection and preservation of wilderness for future generations. It led the Texas-born movie star to personally video call candidates to hear their stories,
Today’s announcement of a dramatic relaxation to NSW’s COVID-19 restrictions has brought praise from industry giants such as Merivale and the AHA as a “game-changer”. NSW Premier Gladys Berejiklian announced the changes today, due to come into effect Monday (7 December), in time for the Christmas period. The current four-square-metre rule will change to require
Surfers Paradise is set for an enormous new hospitality space billed as sun, surf and sand mixed with sophisticated social sass. Cali Beach Club is an internationally-flavoured entertainment precinct on a rooftop in the heart of the Gold Coast, presenting a sophisticated and sassy new adult playground featuring decadent poolside cabanas, multiple premium dining outlets
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