DIAGEO “STANDS WITH” INDUSTRY TO HELP REVIVE SYDNEY
As Sydney languishes under the weight of lockouts and trade restrictions, Diageo recently assembled a brains trust to discuss the city’s revival and plans for moving forward. The world’s largest drinks manufacturer has an unrivalled perspective on alcohol consumption and
NEW PLAYERS ENTER INDUSTRY AND ‘THE LOCAL’
Following “stringent investment criteria” a syndicate has purchased the newly-tenanted and renamed The Local Hotel freehold for $2.5 million. As pubs around the country continue to benefit from upmarket investors, Scope Property Group has seen its way into a South
HEART OF HINTON REVIVED TO LOCAL RELIEF
A stalwart of NSW regional pubs is alive again, with the reopening of Hinton’s historic and indispensable Victoria Hotel last Friday. Following the untimely death of former owner Michael Mullane in January, a pair of local mates banded together to
HOTELS FOUND GUILTY OF UNDERPAYING BY FAIR WORK
Some of the largest hotel brands in Australia have avoided court action over underpaying cleaning staff. Four and Five-star hotels Starwood (owner of Sheraton brand), Accor and Oaks Hotels were investigated following more than 7,600 calls from cleaners claiming to
LANTERN OFFERS BEAUMONT EXCHANGE HOTEL TO MARKET
On the back of recent successful divestment campaigns, Lantern Hotel Group has put to market the Beaumont Exchange Hotel, in Hamilton. The ASX-listed Lantern (LTN) has enjoyed a number of hotel sales significantly above book value, and in continuation of
MELBOURNE LICENSEE SUPER FORUM REFLECTS ‘FOOD & LEISURE’ CAPITAL
The inaugural Licensee Super Forum was held yesterday in Melbourne, bringing key industry stakeholders and professionals together to discuss furthering the city’s success. Around 320 people gathered at the heart of the southern capital, Melbourne’s Town Hall – the site
PETERSHAM HOTEL SALE TICKS INVESTOR BOXES
After the successful introduction of a new tenant, the freehold of the Petersham Hotel has burst onto a market prowled by investors. Located just a few kilometres from Sydney’s CBD, the Hotel possess a coveted 3am licence, bistro, nine EGMs
LANTERN BOASTS MORE PREMIUM PUB SALES AMID TURN-AROUND
ASX-listed Lantern Hotel Group is forging ahead with its turnaround, announcing the sale of further assets, particularly the landmark Bowral Hotel for $6.35 million. Following a shareholder vote to oust the existing Lantern (LTN) board mid-2015, the newly-appointed Chairman John
REDCAPE GOES TO COURT OVER NEW EASTWOOD HOTEL REJECTION
Redcape Hotel Group and management of the Eastwood Hotel are taking Ryde Council to court over denied plans to build a new adjacent hotel. The Eastwood is a prominent corner landmark of the western Sydney suburb, and the Group submitted
KINGS CROSS OWNER CONVICTED FOR OPERATING ILLEGAL BAR
The DreamGirls nightmare has continued for owner Michael Frank Amante, as battles with OLGR and a raid in December result in closure of the venue, and now his conviction. Police and officers of OLGR (now Liquor & Gaming NSW –
