Marty Short and co have sold their locals-driven The Tudor Hotel of Redfern to the Kospetas family’s Universal Hotels, in a new high water mark for the city-fringe precinct. The Short and Anderson families invested in the multi-level Tudor in early 2015, proclaiming it an opportunity “too good to miss” after watching development of the […]
BREAKING: SHORT PASSES TUDOR COMMUNITY BATON TO UNIVERSAL Read More »
Universal Hotels has won a decision in the NSW Supreme Court over an insurance claim that was denied over a technicality and suggestion the policy was not completed properly. In February 2011, a patron of the public bar at the Civic Hotel fell down the stairs on his way to a basement bathroom. He sustained
COURT RULES UNIVERSAL IN CIVIC INSURANCE DISPUTE Read More »
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 Dowling Streets. Its proximity to both the Sydney Football Stadium and Sydney Cricket Ground have
The Kospetas family’s Universal Hotels has jumped at the opportunity of another large-format Sydney operation, taking the keys to the Newtown Hotel from Chris Morris’ Colonial Leisure Group The three-level Newtown, on King Street, is a local institution, catering to up to 720 people and hosting regular live drag performances. Keystone purchased it in 2010
The Kospetas family’s Universal Hotels has picked up the unsung Tempe Hotel for north of $10 million, with big hopes for the changing pub landscape. A hotel was first established on the site, on the Princes Highway, in 1856. In the 1890s the current two-storey brick building was constructed, enjoying a block nearly 1200sqm. The
Moelis Australia has announced another big-ticket acquisition in Kinselas Hotel Darlinghurst – unlocking plans to create a consolidated hospitality precinct at Sydney’s iconic Taylor Square. Moelis Australia Limited (MOE:ASX) has exchanged contracts with the Kospetas family to buy Kinselas for $45 million, following the investment bank’s very recent purchase of the Courthouse Hotel on the
Marking the completion of the redevelopment of the old Mill Hill Hotel building, Universal has produced the “upmarket yet family-orientated” local The Mill of Bondi Junction. The tired former Mill Hill Hotel asset was acquired by developer TWT Property Group, which subsequently constructed the NewLife development, completed late 2019. The site became home to a
The Kospetas family’s Universal Hotels has won the race into the new pub below the latest high-end development in Bondi Junction, soon to be opening a new incarnation of The Mill. The former Mill Hill Hotel, on the corner of Denison Street at 59-69 Oxford Street, was a modest two-storey premise previously owned and operated
The revised OneMusic scheme for music licensing has begun a 12-month roll-out, introducing a simpler system and early adopters reporting benefits. Copyright law dictates that public performance of any music must be licensed, so that its creators are paid for their work. Hotels may incorporate music for dining, background, dancing, and featured entertainment, including DJs
INDUSTRY REACTS TO REVISED MUSIC LICENSING SCHEME Read More »
After much speculation, Universal Hotels is tonight opening its tweaked Midnight Shift, launching a three-day party under a new moniker. The group operated by the Kospetas family acquired the legendary Shift – reputed to have been the first gay bar in the State – in June for around $12 million, following a long negotiation with
UNIVERSAL MODULATION ON MIDNIGHT SHIFT BEGINS TONIGHT Read More »
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