NED KELLY SCORES ANOTHER IN SCONE
Ned Kelly’s burgeoning pub group has taken the deeds to the Belmore Hotel in Scone, in a return to where it all began for the industry veteran. Built 1866 in the upper Hunter Valley as the Railway Hotel, the pub
ENDEAVOUR REPORTS PUBS UP
ASX-listed Endeavour Group has released its latest trading figures, reflecting a certain COVID bounce amid natural disaster challenges. The release covers group sales for the period from 3 January to 3 April, 2022. The Hotels division, aka ALH, exhibited trading
ORION SEES BLUE SKY IN KENT WALKER’S EARLWOOD
Kent Walker’s high-performing Earlwood Hotel has been snapped up by the newly-formed Orion Hotel Group, in a continuation of industry behaviour driving escalating values. Earlwood is a one-pub suburb virtually surrounded by suburbs with no pub, and benefitting from the
KELLY PORTFOLIO SELL-DOWN FINALISED
Sale of the last of Damian Kelly’s portfolio has been finalised, finding new keepers for the large-format North Nowra Tavern and Crown Hotel of Surry Hills. These sales follow those of the Rose & Crown Hotel in Parramatta and the
AVC REFINANCES AS BLUE-CHIP FREEHOLDS TURN GOLD
The booming Australian Venue Co is refinancing a new $600 million debt facility, as investors flock to hold the deeds on its pubs around the country. Most recently, the freehold of the Bentley Hotel and associated First Choice Liquor outlet
RAY FAMILY DEPARTING THE IVY AFTER FIVE DECADES
After nearly five decades in the same hands, the handsome New Ivanhoe Hotel of Blackheath is for sale by the Ray family. Found on a large site of around 1,500 sqm on the Great Western Highway in Blackheath, in the
OSCARS SHAKE-UP SNARES MALOUFS’ BIG CAVES BEACH
Representing a portfolio shake-up and region record, the Maloufs' Royal Hotels group has sold the oceanfront Caves Beach Hotel to the Gravanis’ expanding Oscars Hotels. Royal Hotels has expanded on operations at the seaside resort-style venue, and after the better
HARVEST WELCOME MORE WAGGA IN THE VIC
The acquisitive Harvest Hospitality has snapped up another Wagga Wagga institution, in the form of the hugely popular Victoria Hotel, for a new regional record price of $29 million. Occupying an imposing 1,311 sqm landholding in the heart of town,
THE BETOOTA IS BACK IN BUSINESS
With an accordant level of pomp and ceremony, the famed Betoota Hotel, intrepid Bastian of the outback, has reopened in time for the tourist rush to Birdsville. After a two-year break in proceedings, the legendary Birdsville races return in 2022, scheduled
SEIZING THE DAY, WITH DATA
The global pandemic has proven an accelerant for technological applications across many industries, and hospitality businesses are poised to battle headwinds or reap the whirlwind of consumer evolution. According to Forbes, the past two years have generated 90 per cent
