Charter Hall has demonstrated its continued penchant for ALH pubs, paying $57 million for the Highbury Hotel and Village Tavern in Adelaide. The hotels are centred in the capital’s northern suburbs, Highbury about 14 kilometres north-east of the CBD, the Village around 20 kilometres. Highbury counts a sports bar, bistro, gaming with 40 machines, function […]
The Fair Work Commission announced an increase to the minimum wage from 1 July, with some reprieve for hospitality, but ALH is one group implementing early amid staffing stresses. Last week the FWC outlined the upcoming rise in the minimum pay, and hospitality was given an exception until 1 October due to the impact COVID
The big, boisterous Beachfront Hotel has been sold to the ASX-listed Endeavour Group, aka ALH, by long-term owner Doug Sallis. Occupying a massive 7,000sqm close to the Darwin CBD, Hospital and the Northern Territory’s largest retail centre, the Beachfront provides a public bar, beach bar, bistro, TAB and gaming room with 20 machines, a popular
Australia’s largest publican, the ASX-listed Endeavour Group, aka ALH, reported mixed financial results this week, prompting a share price surge. Representing the milestone of its first full financial reporting period since listing, Endeavour (ASX:EDV) has both benefitted and suffered at the hands of the COVID pandemic. The announcement Monday cited its hotel operations, a portfolio
ENDEAVOUR POSTS STRONG RESULTS DESPITE LAGGING PUBS PORTFOLIO Read More »
Australia’s largest publican has completed its first Queensland transaction since its ASX listing with Endeavour, making a Commercial decision in another strategic region. Purchase of the Commercial Hotel Charters Towers is the first settled Sunshine State acquisition for Endeavour Group (ASX:EDV) since demerging from Woolworths last August. It follows the new entity’s first nationally acquired
News has emerged Bruce Mathieson Jr has resigned as managing director of ALH, looking to pursue interests of his own. Father and son team, Bruce Mathieson Senior and Junior, created Australia’s largest portfolio of pubs, under the banner of Australian Leisure & Hospitality (ALH). In recent years Jr has been the Mathieson in charge of
Australia’s largest drinks and hospitality business, the recently listed Endeavour Group (ASX:EDV), has announced its first end of financial year results, finding a less than positive reaction. After splitting from parent company Woolworths (ASX:WOW) in June, Endeavour hit the open market boasting a portfolio of 1,643 retail stores and 339 hotels under Australian Leisure &
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