Pelathon has flipped another big-trading Queensland pub, demonstrating its buy and sell strategy as the tide begins to shift in the coastal resources town. Jaz Mooney’s Pelathon Pub Fund acquired the somewhat tired Queens Hotel late 2017, and in keeping with the group’s model of investing in under-cooked operations unleashed some capex, including new gaming […]
After four years, Hemmes is shutting Merivale’s BBQ meats venue Papi Chulo in Manly Wharf, to open an instalment of its successful Cantonese concept, Queen Chow. Papi Chulo opened in 2014, offering a mix of South American barbecue and Latino dishes to locals and tourists of the beachside suburb. The bar-restaurant heralded the beginning of
Pelathon is testing the waters in Gladstone – hand-balling its newly acquired Queens Hotel as the mining region begins to gather steam again. Jaz Mooney’s Pelathon Management Group purchased both the Queens Hotel and Tandara Hotel in Sarina in one line from Town & Country Group, settling both in the past week. Sarina is just
The Town & Country Pubs group is packing up its two remaining pubs, listing its coastal Queens and Tandara Hotels. Queensland-based Town & Country (T&C) is one part of a wider entity that is looking to build a portfolio of capital city pubs, and recognises it doesn’t have the resources to accommodate regional locals. The
Justin Hemmes’ Merivale has today launched the Group’s much-anticipated first venue in Sydney’s west, transforming the Queen Victoria into the quirky and bedecked Queens Hotel. Merivale purchased the pub in April 2015, with Hemmes citing his passion for creating world-class venues designed for the local community and his eagerness to become “part of Sydney’s thriving
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