WHY REDCAPE IS DELISTING: DAN BRADY
Ending a turbulent, pandemic-tainted stint on the Australian Stock Exchange, listed pub group Redcape will soon return to private ownership following an overwhelming shareholder vote. Having taken several forms and been in the hands of multiple movers and shakers, Redcape
SPORTIES’ RED CARD OVER POOR TASTE SIGN
Nick Daking – pub owner and local councillor – has faced harsh criticism for a dirty joke chalkboard sign outside his Sporties Hotel. The sign (below) was displayed last Friday, and quickly caused a stir, sparking a petition calling for
CHALLENGES MEET OPPORTUNITY
The third and final of Quantaco’s webinar series took place Wednesday, finding agreement amongst the expert panellists that hospitality is surfacing from challenges into a wave of opportunity. Quantaco COO Scott Barber was joined by Australia Venue Co. CEO
PENINSULA PLAYERS LEAP ON BALMAIN’S DRY DOCK
Sydney’s white-hot pub market continues despite closures with sale of the languishing Dry Dock Hotel to new specialist entity Peninsula Hospitality Group. Recognised as one of Balmain’s oldest pubs, established 1857, the Dry Dock is adjacent to the Balmain Ferry
GOODFOLK GO ALL IN IN THE FAMILY
Goodfolk Group has expanded its Hunter portfolio with purchase of the restapled Family Hotel in Maitland. Set on a large land holding of 2,136sqm, offering public bar and TAB, bistro, open and covered outdoor areas, function room and first floor
NOT ALL ROSES IN THE SUNSHINE STATE
In vivid contrast to the shuttered venues of NSW and Victoria, the stresses of pandemic life have helped a few too many Queenslanders into court for anti-social behaviour. Enjoying a night out at the Globe Hotel, 20-year-old Bundaberg man Jackson
MOONEY HEDGES BETS WITH STRONGHOLD STAKE
Jaz Mooney’s Oxford Hotels has executed a sale-and-leaseback at its Grand Hotel, making hay in a hot market ahead of lingering uncertainty. Stronghold Investment Management, based in Brisbane, has paid a reported $13 million for the freehold of the landmark
NEW PUB PAY RATES SCHEME TO BE ‘BIG HELP’ TO SMALLER OPERATORS
Pubs and hotels have been granted powers to put senior permanent staff onto one single higher rate, without complex penalty rates, in a move expected to make the system simpler for smaller operators. Following an industry proposal to introduce so-called
CHEFBOX PROGRAM PROVIDING KITCHEN INNOVATION
A new national program – ChefBox – offer chefs new and innovative products to try from Australian producers, to keep them inspired and ahead of the trends. Chefs in pubs throughout Australia can register their interest to receive a box
SYNDICATE PARTING WITH CASINO’S CECIL
Amid a flood of northern rivers transactions, a local syndicate has put to market Casino’s big Hotel Cecil – run under management for over four decades. The prominent two-storey pub, with upstairs wraparound veranda, fronts main road Centre Street through