The Brisbane Valley Tavern and Centre have come to market, offering five tenancies and underlying gaming value in one of south-east Queensland’s thriving regions. The Brisbane Valley Centre in Fernvale is a 3,174sqm block incorporating the Tavern and Motel, as well as retail tenants including a Pizza Hut, netting annual rental income close to $300k. […]
The award-winning Red Rock Leisure has sold its Adelaide instalment of PJ O’Brien’s, citing a reluctant decision and reinvestment of capital into its other venues. The large-format PJ O’Brien’s Adelaide on East Terrace has been part of the Red Rock Leisure (RRL) stable of pubs under its Irish banner, along with PJ O’Brien’s in Melbourne
The Beer Cartel has released the 2017 Australian Craft Beer Survey, offering insight into the motivations and factors influencing drinkers in the ever-growing category. The Survey is stated as the most comprehensive publicly available study ever undertaken with Australian craft beer drinkers, and has found the majority care about the ownership of the operation, overwhelmingly
Woolworths’ and Charter Hall’s full year profit results offer perspective on the big-picture health of the hospitality and liquor markets. Australian supermarket giant Woolworths, 75 per cent owner of the country’s largest pub group, ALH, continues its bold recovery plans under maverick CEO Brad Banducci. The ASX-listed company (WOW) is battling to combat the diminishing
FULL YEAR RESULTS: INSIGHT ON HOSPITALITY PROPERTY AND PRODUCT Read More »
As the Western Australian government continues its push for greater focus on tourism and service industries, the big-trading Byford Tavern in Perth has come to market. Located on a generous 4,313sqm block on the South Western Highway in Perth’s growing south-eastern corridor, the large-format operation incorporates a large bistro and alfresco area, sports bar, drive-through
Queensland’s controversial ID scanner system has seen global headlines, for the wrong reason, after honorary Aussie Prince Frederik of Denmark was denied entry to a Brisbane bar. Last Friday, just before midnight, the 49-year-old Prince and his entourage fronted Brisbane’s trendy Jade Buddha Bar at Eagle St Pier, only to be turned away for not
DENMARK’S PRINCE FREDERIK DENIED ENTRY FOR NOT HAVING ID Read More »
Brewing giant Heineken has been given the nod to secure nearly 1,900 British pubs from Punch Taverns. More than two years in the making, the monster deal will see more than 3,200 pubs in the Punch portfolio split between Heineken and Patron Capital, in a total deal worth around AU$650 million. The Dutch brewer, which
Nanny’s grip could be getting tighter for ex-cons, with Queensland set to be the first to begin individual assessment and banning of parolees from pubs and clubs. In a first for Australia, every Queensland convict up for parole will have their life habits assessed, with the aim of lowering rates of reoffending by considering the
New research out of Drinkwise and Nielsen gives insight into the changing ways Australian social sectors are consuming alcohol. Drinkwise’s Australian Drinking Habits 2007 vs 2017 is a comprehensive study comparing survey results a decade apart, providing a view on the changes to all aspects of drinking behaviour, including people’s frequency, quantity, type, reason for
AUSTRALIANS’ CHANGING DRINKING HABITS & PREFERENCES Read More »
Tabcorp has penned an agreement with Optus Business to show English Premier League and the Fifa World Cup through Sky Racing, shaking up the soccer fan world in Australia. Optus secured the exclusive rights to broadcast (English) Premier League (EPL) for three years in late 2015, in a deal reportedly worth more than $50 million
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