LAZARUS SNAPS UP ANOTHER LANTERN PUB

Lantern’s divestment and turnaround marches on, with Sydney-based hotelier Andrew Lazarus snapping up the Beaumont Exchange for a tidy sum. Located in one of the best regions of NSW’s second-largest city, Newcastle, the Exchange is a diverse business with significant

BALMAIN OVERHAULS AND TOPS OFF TOWN HALL

Balmain Pub Group has announced the re-opening and “complete change” of its newly acquired Town Hall Hotel. Following the $7 million purchase of the prominent corner pub in February, Balmain Pub Group (BPG) owners Nick Wills and Warren Livingstone had

LEGAL-HEAVY NEW BOARD FOR ILGA TO RULE LICENCE REGULATIONS

The NSW State Government yesterday announced a new chair and board for ILGA that will hopefully produce a “better result” for licensed venues. The Independent Liquor & Gaming Authority (ILGA) is a statutory decision-maker, regulating licensing and disciplinary matters for pubs,

THE COLLAROY EVENT POSTPONED AMID WILD WEEKEND

PHMG’s The Collaroy swapped a master chef for a wild weekend as a storm front struck Sydney and battered the northern beaches. Gale-force winds and wild seas stripped the beach away along the northern Sydney coastline, with Collaroy and Narrabeen

INTERNATIONAL BANKTECH ACQUIRES GLOBAL GAMING TO BROADEN SERVICES

Sydney-based international payments organisation Banktech has acquired leading systems provider Global Gaming Industries in a mutually beneficial consolidation. Banktech Group P/L was established in 1991, and provides assorted products to hospitality, including ATMs, POS, CRTs (Cash Redemption Terminals) and Intelligent

COAST HOTEL ‘SET TO BE BEST’ HITS MARKET

A prime Central Coast venue has hit the market, offering a large-format hotel with amazing views and a colourful history. The Coast is located on Iguana Wharf at Gosford, surrounded by water and adjacent to the Pacific Highway and 50,000

GABS SUCCESS EVIDENCE OF STILL-GROWING BEER ENTHUSIASM

The Great Australian Beer SpecTAPular wrapped up 2016 with the Sydney instalment over the weekend consolidating another record-breaking year for the event. GABS has become of the go-to events for craft beverages in recent years, voted one of the world’s

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