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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