RD Australasia
Intrepid Travel Expands Into Hotels With Launch of Drifter
Main Photo: The new Drifter Christchurch, NZ Date: November 2021 Name: Drifter – an Intrepid Hotel Locations: Initially Auckland, Wellington and Christchurch in 2022 with plans to secure an East Coast Australia property in 2022 Number of Keys: Christchurch – 95; Others will be between 60-150 Seller: The site was built in 1919 as the…
Read MoreKKR Snaps Up Sofitel Sydney Wentworth Hotel for AUD$315 million
Main Photo: The impressive looking Sofitel Wentworth Date: October 2021 Name: Sofitel Sydney Wentworth Hotel Location: Sydney’s Financial District, NSW, Australia Number of Keys: 436 Seller: Frasers Hospitality Trust Buyer: Kohlberg Kravis Roberts – KKR Private equity giant Kohlberg Kravis Roberts (KKR) has snapped up the Sofitel Sydney Wentworth hotel, the favoured haunt for the…
Read MoreKSL Capital Partners Acquires Four Points by Sheraton Sydney, Central Park
Main Photo: Four Points by Sheraton Sydney, Central Park Date: October 2021 Name: Four Points by Sheraton Sydney, Central Park Location: Sydney, Australia Number of Keys: 297 Seller: Hotel mogul Dr Jerry Schwartz, who acquired the hotel in November 2018 for AUD$156m Buyer: KSL Capital Partners, LLC KSL Capital Partners, LLC announced today that an…
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