One of the most intriguing hotel sales of recent times has concluded, with Pyrmont’s long-vacant Terminus Hotel selling for around $5 million. The heritage-listed Federation style building sits quietly on the corner of Harris and John Streets in Pyrmont, and was built in the early 1900s. It was originally named The Cooper’s Arms Inn, but […]
NEW OWNER NEW BEGINNING FOR ENIGMATIC TERMINUS HOTEL Read More »
The hospitality prize that includes gastro pub Alfred & Constance and the boutique Limes Hotel has hit the market as their high-flying owner explores new ideas. Entrepreneur Damien Griffiths unleashed his spectacular Fortitude Valley project in 2008, arguably reinventing the Brisbane pub landscape. The block containing the 21-room Limes Hotel, the quirky pub Alfred &
Keystone continues its directional shift, with the listing of the iconic Cargo Bar in Darling Harbour. Following unsolicited approaches for the Newtown Hotel, Cargo Bar and its sister venue Bungalow 8, The Keystone Group (TKSG) underwent a strategic review that subsequently saw the sale of the Newtown pub to Colonial Leisure Group and now the
The Drop is hosting an industry lunch next Friday, bringing Australia’s most acclaimed finance guru and a brains trust to discuss trends and pitfalls in gaming and hospitality. The lunch aims to provide guests opportunity for future planning, with access to leaders in money and business. Keynote speaker will be Ross Greenwood – Business and
INDUSTRY FORUM TO TALK HOSPITALITY FUTURE PLANNING Read More »
What could be Sydney’s “most intriguing hotel” has been listed for sale, after laying dormant for 32 years. Located on a prominent corner on what was the last stop on the old tram line out of Sydney, the Terminus Hotel was once a thriving meeting place for local factory workers. The enigmatic Isaac and Susan
HIBERNATING PYRMONT PUB COULD AWAKEN AFTER DECADES Read More »
Some big names in Australian hospitality will take part in the fifth big year of the OzHarvest drive to increase awareness about homelessness, food security and wastage. Hospitality foodservice businesses are subject to tremendous food wastage, and as such a special part of the OzHarvest mission to see excess food from commercial outlets to go
PUB CHEFS & INDUSTRY CEOs NEED HELP FEEDING HOMELESS Read More »
Australia’s pub baron has pulled a trifecta, snapping up his third Central Coast hotel this month for nearly $60 million. The Crowne Plaza Terrigal is the biggest hotel on the Central Coast, occupying over 9,000 m² of beach frontage. It offers multiple bars and dining services, a gaming room with 21 EGMs and 199 four-star
PUB BARON LAUNDY ASSUMES $60m CENTRAL COAST CROWNE Read More »
Solotel is executing another big-ticket sale and lease-back, divesting the dirt at its Albion Hotel in Parramatta amid booming opportunity. After 30 years owning the generous 3,000 m² block on George St, facing the Parramatta river, Bruce Solomon has put the land up for sale with a Planning Proposal that could see a 50-100 metre
News is emerging of a new pub group with deep pockets, amid the announcement the Waugh family has sold the Banksia Hotel and the Belmore Hotel. Quietly entering the industry with the recent purchase of top-100 gaming pub the Belmore Hotel, the Singapore-based fund behind the money has backed up the play with the acquisition
Lantern Hotel Group has divested one of its best city assets to a colourful A-lister of Sydney hospitality. In October the ASX-listed Lantern (LTN) announced a portfolio reshuffle, selling three pubs as part of its “strategic review of the business”, including the coveted Dolphin Hotel at Surry Hills. “In terms of the Dolphin Hotel, we
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