REDCAPE SERVES STRONG HALF-YEAR RESULTS
Redcape has released its results for the first half of the financial year, boding well for its growth prospects and for the broader industry. Redcape Hotel Group Management (RHGM), responsible entity for the Redcape Hotel Group (ASX:RDC) portfolio, reported a
RIVERSDALE’S THE ELEPHANT TAKES TILLEY & WILLS TO QUEENSLAND
The Riversdale operated APF has completed its freehold “disposal strategy” in Brisbane, selling the voluminous The Elephant for over $20 million to Sydneysiders Simon Tilley and Nick Wills. Singleton, Dixon and Carnegie’s Australian Pub Fund (APF) has been strategically selling
McGUIRE HOTELS FORTUNE ON SHOW IN SUPREME COURT
The McGuire Hotels family fortune has been on show courtesy of a Supreme Court case, appealing to extend a family trust an additional 25 years as new generations enter the vast and expanding business. Patriarch and former policeman in Ireland,
KELLY GRABS GULGONG
Ned Kelly & Co have taken the second new pub in as many weeks, growing the Mudgee region portfolio with Gulgong’s Centennial Hotel. The 148-year-old Centennial stands at the town centre corner of Mayne and Medley Streets in Gulgong, home
HARVEST CASH OUT OF YASS
Harvest Hospitality has completed an exit from Yass with the quick-turnaround sale of the historic Australian Hotel. A pub opened on the site in 1863, named the Hibernian Hotel, owned and operated by former convict John Martin. It was renamed
BELL INN NAMED UK PUB OF THE YEAR – AGAIN
The annual UK pub awards by CAMRA has dubbed Britain’s Pub of the Year to be Bell Inn – held by the same family for 250 years. The Campaign For Real Ale (CAMRA) has been ranking the best pubs across
ACCUSATIONS MONEY LAUNDERING RIFE IN PUBS AND CLUBS
An expose by the ABC cites an industry whistleblower’s revelations about AML practices in gaming venues, and accusation by MP Andrew Wilkie that over 90 per cent are not compliant. The ABC and 4Corners report centres on a former employee
GRAFTON FAMILY HOTEL ON OFFER
Continuing the run of northern NSW pubs looking for a new home, the Camptons have put up their handsome Roches Family Hotel in Grafton. The Roches is a two-storey sandstone and timber Federation-style structure on 988sqm at the corner of
PUBS GETTING BOTTLESHOP ADVANTAGE
Pubs around the country are benefitting their bottom line through smart renovations to their bottleshops and cool rooms. Fit-out specialist Advantage Line reports an increasing number of operators, bottleshop banner groups and independents seeking their services for store layout and
MOELIS LANDS RECORD SALE AT BYRON
Moelis Australia has announced finalisation of its record-breaking purchase of Byron Bay’s Beach Hotel, and its ongoing strategy for the gaming-free coastal icon. The Beach, aka the ‘Top Pub’, occupies a sprawling 4,585sqm site that counts 100 metres fronting Byron’s
