Mantra border hotel set to deliver a 15pc yield to wealthy investors
Investors in the fund that bought the Albury CBD hotel include Gabriel Jakob’s family office Hyper Capital and Malcolm Beville’s Willow FM.
Source: afr.com
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Savills appoints ex-Wallaby Drew Mitchell to NSW pubs role
Mitchell will help Savills expand its national representation across the pubs and hotels sector, with a focus on NSW.
Source: theshout.com.au
Blotter: Airplane lands safely after reporting landing gear issues
AIRCRAFT EMERGENCY
Source: gillettenewsrecord.com
New hotels Australia: Tourism resurgence sparks boom in new hotel builds, refurbishments
As tourism makes a “phenomenal” recovery worldwide, hotel owners are pumping their cash into spruced-up rooms aimed at high-spending guests.
Source: smh.com.au
Salter Brothers nab Sofitel Adelaide for $154m
The sale of the almost brand new five-star has set a new benchmark of $613,000 per room and comes amid a strong showing from the Adelaide accommodation sector.
Source: afr.com