Investing: Why hotels are so hot right now
Investors, developers and management groups are lining up to join boom-time conditions in the hospitality industry.
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Investors, developers and management groups are lining up to join boom-time conditions in the hospitality industry.
Article - Blue Mountain's Leura Gardens Resort in Australia Sold for the Second Time in 12 Months at a 25% Premium - The Elanor Hotel Accommodation Fund, managed by Elanor Investors Group, has sold the Leura Gardens Resort just under 12 months after acquisition.
Article - Boutique Byron Bay Hotel, The Sunseeker Listed for Sale - The property opened its doors in early 2021 following a significant refurbishment before gaining recognition as Australia's sole entry in Condé Nast Traveller's 'The Hot List 2021 - Best New Hotels' worldwide.
Article - The Ibis Budget Windsor Hotel in Brisbane, Australia Listed for Sale - The ibis Budget Windsor and adjoining development land have been listed for sale amid strong demand for accommodation investment opportunities in the 2032 Olympics host city.
Article - Queensland Group Acquires Leading 4-star Coral Cay Mackay Hotel - The freehold going concern interest in one of Mackays leading accommodation offerings, Coral Cay Mackay, has been sold to a private Queensland-based hotel group. The hotel was purchased from Pacific Hotels, a Perth-based hotel owner operator.