HTL Property

REGIONAL CENTRES ON FIRE AS HOT MARKET EYES THE BUSH

Posted on February 11th, 2022 by Clyde Mooney
Investors and hoteliers are pushing top-dollar prices for strong assets in regional hot-spots, as hungry capital eyes the booming Australian hotel market. The freehold has been sold of the Grand Hotel in Armidale – a major locality in the New

UNIVERSAL CATCHES BAT & BALL

Posted on February 2nd, 2022 by Clyde Mooney
Universal Hotels has won its first bout for 2022, taking home the Bat and Ball Hotel of Surry Hills. Originally known as the Duke of Cleveland, the pub was built in 1929 on the corner of busy Cleveland and South

KELLY PORTFOLIO SELL-DOWN BEGINS

Posted on January 28th, 2022 by Clyde Mooney
Following appointment of administrators to the Damian Kelly portfolio, sale of the four thriving pubs has begun.  Andrew McCabe and Joseph Hayes of insolvency and restructuring experts Wexted Advisory were appointed as Administrators and are buoyant on a strong campaign

ALH AND ENDEAVOUR BACK IN BUY MODE

Posted on January 21st, 2022 by Clyde Mooney
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

SHORT GOES LONG IN WINDSOR

Posted on January 19th, 2022 by Clyde Mooney
Fraser Short has burst into Windsor, picking up two pubs in quick succession with new partners. The first to arise was Windsor’s well-known Fitzroy Hotel, operated by 'Lion-heart Luke' Ainscough, which has sold to the newly-formed syndicate of Fraser Short

MOELIS CAPS 21 WITH A BANG IN BYRON’S HOTEL BRUNSWICK

Posted on December 17th, 2021 by Clyde Mooney
Moelis Australia Hotel Management has book-ended the big buys of Byron, paying $68 million for Delvene Cornell and David Gyngell’s Hotel Brunswick of Brunswick Heads. The Hotel Brunswick is an icon of northern NSW, 20 minutes north of Byron Bay,

STANFORD HAT TRICK PASSES PUB @ RIVO TO NEW MONEY

Posted on December 13th, 2021 by Clyde Mooney
The Stanford family have sold their third and final hotel, the Pub @ Rivo, to a new and growing consortium led by businessman Andrew Wheeler and publican Brendan Hood. Around three months ago the Stanfords began the process to navigate

FOOTY HERO BURKE FAMILY PASS NORTHSIDE TO HARVEST

Posted on December 10th, 2021 by Clyde Mooney
Harvest Hotels have taken another big regional pub in the Northside Hotel, Albury, from the famous footballing Burke family. Patriarch Peter Burke and co. bought the Northside in 2005 and have operated it for the past 16 years. They also

ANOTHER NEW ENGLAND PUB SNAPPED UP

Posted on November 29th, 2021 by Clyde Mooney
Sales continue in the New England region with news of the freehold going concern of Armidale’s Railway Hotel transacting for circa $8 million. Established in 1879, the Railway resides on a generous 3,800sqm commercial property with dual street frontage, close

LAWLER WINS RACE TO ROYAL

Posted on November 24th, 2021 by Clyde Mooney
Ben Lawler and Ryan Haynes have expanded back into greater Sydney, with purchase of the Royal Hotel in Camden. Established 1841, the Royal occupies a 1,526sqm site in the main retail zone of Camden LGA – forecast to surpass 200k