News - Page 341 of 486

VICTORIA FLAGS NEW TAX RATE, SCALED PRICING AND CASHLESS GAMING IN PUBS

Victoria is undergoing broad changes to regulations around gaming machines, bringing scaled entitlement pricing and tax rates, and consideration of cashless betting in pubs and clubs. As part of an overall review ahead of the expiry of the current leases in August 2022, the Victorian Government and VCGLR have announced a new system for entitlement […]

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BIG NORTH NOWRA PUB SELLS FOR $12m

Property / Clyde Mooney

Sydney publican Mark Duggan has teamed with Gary O’Donnell to secure the large-format North Nowra Tavern for close to $12 million. Duggan operates Burwood’s Avondale Hotel, and O’Donnell brings local knowledge, having formerly run Nowra’s Archer Hotel, before selling it to ALH. The sale is a continuation of the expansions being seen by metro operators,

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ACCOUNTANT DIVESTS THRIVING NEWCASTLE PUB FOR $25

Marketing / Clyde Mooney

The competition to own James Sneddon’s Das Hund Haus bier bar has ended, with a man pocketing his own pub and Sneddon scoring a big win from the exercise. Entries closed to buy the pub’s two-for-one voucher last Thursday at 5pm, each coming with five complementary tickets to win Das Hund Haus (The Dog House),

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FOWLER FAMILY EXIT INDUSTRY AND LAKE VIEW

1 Comment / Legends / Clyde Mooney

After 50 years behind the bar, Terry Fowler has passed the reins of his Bendigo pub to further enjoy his retirement. One of the stalwarts of the Victorian industry, Terry and family including wife Helen have satisfied customers at half a dozen pubs in the region. Terry began his time in hotels back in 1967,

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SHORT GROUP TOAST FIRST CIDER FESTIVAL

Promotional Events / Clyde Mooney

The W. Short Hotel Group branched further into festivals on the weekend, holding the inaugural Cider Fest at The Tudor to the delight of the people of Redfern. The first ever Cider Fest at The Tudor took place on Saturday (2 September), showcasing Australian and international ciders from the “Adelaide Hills to Spain” and serving

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FEDDY IN DENI TO RISE AGAIN VIA NEW INVESTOR MODEL

2 Comments / Finance / Clyde Mooney

Small-scale partial investors will revive the magnificent Federal Hotel in Deniliquin via a ‘fractional investing’ scheme driven by pioneering entertainment company Omecca. The Federal Hotel, on the town centre corner of Napier and Cressy street in Deniliquin, was built in 1897 after a strike by the local fire brigade saw firefighters watch as the exiting

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BRISBANE VALLEY TAVERN & CENTRE ON OFFER

On the Market / Clyde Mooney

The Brisbane Valley Tavern and Centre have come to market, offering five tenancies and underlying gaming value in one of south-east Queensland’s thriving regions. The Brisbane Valley Centre in Fernvale is a 3,174sqm block incorporating the Tavern and Motel, as well as retail tenants including a Pizza Hut, netting annual rental income close to $300k.

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RED ROCK SELL PJ O’BRIEN’S ADELAIDE IN SA EXIT

Changing Times / Clyde Mooney

The award-winning Red Rock Leisure has sold its Adelaide instalment of PJ O’Brien’s, citing a reluctant decision and reinvestment of capital into its other venues. The large-format PJ O’Brien’s Adelaide on East Terrace has been part of the Red Rock Leisure (RRL) stable of pubs under its Irish banner, along with PJ O’Brien’s in Melbourne

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CONSUMER INSIGHT: 2017 CRAFT BEER SURVEY

Drinks - Beer / Clyde Mooney

The Beer Cartel has released the 2017 Australian Craft Beer Survey, offering insight into the motivations and factors influencing drinkers in the ever-growing category. The Survey is stated as the most comprehensive publicly available study ever undertaken with Australian craft beer drinkers, and has found the majority care about the ownership of the operation, overwhelmingly

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LAUNDY SELLS BIG BATEAU BAY

Property / Clyde Mooney

Laundy group has capitalised on the market for coastal freehold properties, divesting the big-format Bateau Bay Hotel for circa $13m to a growing local operator. The Laundy Hotel Group purchased the Bateau Bay Hotel (BBH) in early 2015 for around $11m, almost immediately after buying the idyllic Tea Gardens Hotel, since on-sold to patriarch Arthur

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KULETO’S NEWTOWN TO MEET A HOT MARKET

MD HOTELS GOES UNDER IN GEELONG

INDUSTRY BODIES BACK WORKERS COMP REFORMS

ALL IN THE FAMILY AT BATHURST

CYBER THREATS TO HOSPITALITY GROWING

STIRRING UP A SMART MOVE FOR SAFER NIGHTS