Glenn Piper has added another icon to the collection, sailing into the Commodore Hotel of McMahon’s point for around $29 million, following an invitation-only sale process. John Azar’s Good Beer Company acquired the Hotel mid-2019 for around $18 million from Graham Campion, who had bought it from the fading Lantern Hotels in 2016 for around […]
Good Beer has found its way north of the Bridge, bringing Graham Campion’s Commodore Hotel into the fleet for close to $18 million. Campion and family have long owned high-performing north shore landmark the Longueville Hotel, but ventured a few precincts south in late 2016, tempted by the prospect of the former Lantern Group’s McMahons
Tapping into consumer insights, Diageo has begun trialling draught options of some of its well-known spirits brands, and Sydney hotels are enjoying the success of the pioneering Pimms on Tap. The global drinks company pays close attention to the ever-evolving desires of consumers, and how this affects both choices of alcoholic beverage and occasion. As
Lane Cove stalwart Graham Campion has emerged as the big-ticket buyer of Lantern’s Commodore Hotel, picking up his coveted second pub for a cool $14.5m. Listed pub group Lantern (ASX: LTN) put the McMahon’s Point beauty up for grabs last month. The 150-year-old Commodore was the last of the shrinking company’s ‘non-core’ hotels, and thus
The compelling Lantern Hotel Group has put to market one of its final non-core hotels, as it asks shareholders to ponder selling up the lot. The 150-year-old Commodore Hotel – originally the First Old Commodore, and rumoured favourite haunt of Henry Lawson – is a modern two-level pub in McMahon’s Point, beside the bustling North
COMMODORE SETS SALE AS LANTERN PLOTS COURSE FOR EXIT Read More »
A product of The Information Collective
ACN. 603 201 109
ABN. 21 603 201 109
