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Ibis Budget latest hotel to hit the market March 13, 2021 12.00am Normal text size Advertisement The Ibis Budget on Elizabeth Street is the latest hotel to hit the market, amid a slew of COVID-19-affected hotels up for sale. Singapore-based Well Smart Investment Holdings tried to sell the CBD holding in mid-2019 and has come back for a second go, just in time for the federal government’s interstate air travel voucher scheme. Luxury car dealer Lasath Algama is selling the 2645 sq m landholding at 135-149 Burwood Road. Credit: It’s at the cheaper end of the market and is likely to fetch between $23-$25 million. ....