PUBLIC HOSPITALITY CREDITORS TAKE FIVE
The party is winding down for Jon Adgemis’ Public Hospitality Group (PHG), as a major lender calls in receivers and managers on five venues in the collection. Last week FTI Consulting’s Vaughan Strawbridge and Joseph Hansell stepped in, under security
GAMING MACHINES REINSTATED TO BOLSTER DEMAND AS REVENUE STALLS
Contrary to mainstream media reports, an increase in EGM numbers and revenue is not due to market demand or opportunism, but an attempt to maintain position as revenue flatlines. Clubs and pubs are accused of pulling machines out of storage
PUBLIC HOUSE LEADS THE WAY IN SUPPORTING WOMEN’S HEALTH
Sydney’s exclusive charity event ‘Ladies Luncheon’ enjoyed another wildly successful year, raising $550,000 in support of Randwick’s Royal Hospital for Women. Now known as a highlight of the spring social calendar, Public House Management Group’s (PHMG) sixth annual event saw
AVC MOVES INTO HALLMARK
Weighing into the recent return in pubs activity, Australian Venue Co has struck its first major deal under its new majority owners, buying 10 venues from Hallmark Hospitality in SEQ. The Melbourne-based group has paid around $50 million for the
HOSTPLUS AND CHARTER HALL TAKE A SHOT AT HPI
Listed real estate investment powerhouse Charter Hall and teamed again with Hostplus to attempt a takeover of the country’s last remaining listed pub landlord, Hotel Property Investments (HPI). Charter Hall Retail REIT (Real Estate Investment Trust) touts its interest in
VICTORIA HITS THE RIGHT LIVE MUSIC NOTE
Victoria’s live music scene is set to receive a $3.9 million boost, with the state government reinforcing its commitment to supporting the industry and venues. The funding was designed to bolster the state’s beleaguered live music scene, and is part
FRANCIS GROWS WITH REDCAPE’S WATTLE GROVE
The Redcape reshuffle rolls on with the group’s twice-owned Wattle Grove Hotel becoming the next step in the northward expansion of Melbourne-based Francis Group. This is the second Redcape Hotel Group (RHG) acquisition by the southerners, headed up by Tom
POLICE INVESTIGATE SERIES OF ARMED ROBBERIES
Police are appealing for information from the public on a series of surprisingly similar armed robberies on hotels, in Adelaide and south-western Sydney. Reportedly two men, armed with a handgun and a knife and with their faces covered, rushed the
DARKAN HOTEL SEES THE LIGHT ONCE AGAIN
Western Australia’s tiny town of Darkan, around 200 Kilometres south-east of Perth, received a blow two years ago when its only pub closed its doors. The pub had been established at the same time as the town itself, back in
REDCAPE OFFLOAD VAUXHALL TO ORION
Redcape has continued the portfolio hygiene with divestment of the Vauxhall Inn at Granville to the growing Orion Hotels. Established in 1852 on a corner of Parramatta Road, the two-storey heritage-listed hotel was rebuilt in the 1930s in the distinctive
