sydney hotel property market
Sydney Olympic Park hotel on the market
THE Quest at Sydney Olympic Park hotel is up for grabs. ... Full story
TAHL sells Sydney hotel on 7pc yield
TOURISM Asset Holdings has sold the Ibis Hotel at King Street Wharf in Sydney to a private investor on an aggressive yield of circa 7.0%. ... Full story
Far East Orchard shacks up with Toga Group
TOGA Group and Investec Bank have sold five hotels in Sydney, Brisbane, Darwin and Adelaide into a $450 million venture fund which Toga has formed with Singapore's Far East Orchard Limited, to create one of the largest hospitality businesses in Australia. ... Full story
Dixon flies into new territory
FORMER Qantas boss Geoff Dixon and a group of who's who in corporate Australia have snapped up two pubs, the Bristol Arms Hotel in Sydney and the Elephant Arms Hotel in Brisbane -- their first hotel outside of NSW. ... Full story
This city ain't big enough for two stars
ECHO Entertainment Group said The Star is Sydney's one and only integrated resort and it is attempting to block James Packer's Crown Limited bid to open a casino resort at Barangaroo. ... Full story
Sydney hotels best month on record
SYDNEY hotels have achieved the highest revenue per available room (RevPAR) on record at $222, according to Jones Lang LaSalle Hotels & Hospitality Group’s review of the latest February STR Global data. ... Full story
Lend Lease inks deal for Sydney convention precinct
LEND Lease has reached contractual close with the NSW government on the Sydney convention, exhibition and events precinct project in Darling Harbour. ... Full story
Global investors make early booking
FOREIGN investors are circling the 5-star Four Seasons Hotel Sydney, with interest coming from South-East Asia, China, Korea and as far as the Middle East, according to Jones Lang LaSalle Hotels & Hospitality and McVay Real Estate. ... Full story
Investors waking up to hotel sector
INTEREST in major hotel developments in Australian capital cities are increasing, spurred by the high occupancy rates, according to Deloitte Access Economics. ... Full story
Chinese tourists boost leisure hotel markets
AUSTRALIA'S major hotel markets have ended 2012 on a high, including the leisure markets of the Gold Coast and Cairns, which have rebounded thanks to the growth in inbound tourists from China. ... Full story





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