A new generation of hotel royalty is stepping up its footprint in pubs, with rich-listers the Roche family consolidating their pivot with purchase of Armidale’s Royal Hotel. The Royal is the latest acquisition by the Roche Group, headed by Bill and Imelda Roche, who made billions in the 80s through their company Nutrimetics Pharmaceuticals. Since […]
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More than six years after purchasing the iconic The Bourbon in Kings Cross, Iris Group has secured approval on its $65 million redevelopment of the landmark site. Ten months after submitting the latest proposal, Iris found unanimous approval through the Central Sydney Planning Committee last night, with the government architect and Lord Mayor highly complementary, […]
The ultra-waterfront Harrington Hotel has been sold by the Nixon family to the pub coast king, Stephen Hunt. Having purchased the pub in 1998, the Nixons have sold the Hotel in line with market guidance, sources say was $15 million, to the Stephen Hunt-led organisation. “This asset has been in the same family for over […]
Laundy Hotels has embraced a new product helping family-friendly pubs offer entertainment for kids through clever commercialisation of AR technology, Tech start-up The Village Co, based in the Hunter Valley, recently launched Grub Lab, providing interactive children’s Augmented Reality (AR) activity packs that come to life with their custom-built applications. After hosting a launch for […]
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The troubled Royal Oak Hotel of Cessnock has been sold through receivers to a growing local hotelier. Built 1922, the pub enjoys a prominent corner in Cessnock – known as the gateway to tourism hotspot the Hunter Valley. The large brick hotel features a bar, bistro, and spacious rear beer garden, 14 pub-style accommodation rooms […]
As the hotel and foodservice industries continue to feel the effects of staff shortages, a new survey finds most high school students are eager to get straight into work and over two thirds are looking at hospitality. The research found 83.80 per cent of school leavers are not going to have a “gap” year, due […]
New all-day gastropub The Mighty has burst open in Moonee Ponds, providing an indomitable domain for crafty beverages and pub grub. “The Mighty is all about creating a community and hub for our craft brands,” says Mark Haysman, CEO of craft beverage collective colossus Mighty Craft. The suburban Melbourne site was previously a Sporting Globe […]
The stately Criterion Hotel in Singleton has sold for around $3 million as strong regional assets continue to attract the attentions of opportunity-starved operators further afield. The pub offers bar, bistro, large outdoor beer garden, gaming room with 14 EGMs and a separate building for events, under a 3am licence. The first half of FY2020 […]
The regal Royal Oak Hotel Cessnock is for sale under instruction by forensic accountants, following a stoush with the ATO and massive tax bill. Doctor-publican John Harvey purchased the prominent two-storey brick pub in 2011, sharing resources with his dental practice for tax purposes. Fighting what he labels “unsubstantiated” tax debt, he launched a battle […]
Doctor-publican John Harvey has unleashed a David and Goliath battle against the ATO, which has already seen the closure of his Royal Oak Hotel at Cessnock. John Harvey operates the Hunter Valley Dental Practice, and in 2011 bought the nearby Royal Oak Hotel. The Australian Tax Office (ATO) reportedly allowed Harvey to file returns as […]
