Third time lucky? Original hotel asking price cut by $10m Share In a sign of the times, the asking price for the Ibis Budget Melbourne CBD hotel has dropped by more than $10 million since it was first offered for sale four years ago. Well Smart Investment Holdings has put the 146-room property back on the market after previously trying to sell it in 2017 for more than $35 million before having another dig at $30 million plus in mid-2019. Third time lucky? The Ibis Budget Melbourne CBD hotel is back on the market and this time the vendors say they are determined to sell.