Recent Deals In Australasia

Main Photo: The new Ritz-Carlton, imagined Date: October 2022 Name: The Ritz-Carlton Melbourne – opening 2023 Location: Lonsdale Street, CBD Melbourne, Victoria, Australia Number of Keys: 257 Seller: TBA Buyer: TBA The Ritz-Carlton brand will make it’s Melbourne debut in March 2023, Marriott have announced The 80-storey hotel, located on Lonsdale Street in the CBD,…

Main Photo: The Stamford Plaza Auckland…view over Auckland Harbour Date: October 2022 Name: The Stamford Plaza Auckland, opened as The Regent Location: CBD Auckland, North Island, New Zealand Number of Keys: 286 Seller: Stamford Hotels & Resorts Buyer: A consortium which includes CP Group, the largest hotel owner in New Zealand, as well as global…

Main Photo: The Radisson Blu, Sydney Date: September 2022 Name: Radisson Hotel Group with ten or so brands Location: Australasia Number of Keys: TBA Owner: Jin Jiang Hotels, with 30-odd brands of their own! Radisson Hotel Group has today announced significant expansion plans for Australasia, with a newly expanded brand portfolio, strategic partnerships and diverse…

Main Photo: The Presidential Suite at the Sir Stamford hotel in Sydney Date: August 2022 Name: Sir Stamford Circular Quay Hotel Location: Sydney CBD overlooking Sydney Harbour Number of Keys: 105 Seller: Singapore’s Stamford Land Corporation, owned by CK Ow Buyer: JDH Capital, founded by ex-Macquarie banker Jean-Dominique Huynh In a deal via an exercisable…

Main Photo: The Spa at the SO/ Auckland, another Ennismore hotel already open in NZ Date: August 2022 Names: Hyde, Jo&Joe and Tribe – to open 2023/24 Locations: Jo&Joe, two Tribe hotels in Auckland, North Island and Hyde, Queenstown, South Island, New Zealand Number of Keys: TBA Sellers: TBA Buyer: CP Group, owned by the…

Main Photo: The Peppers Kings Square hotel in Perth, Western Australia Date: August 2022 Name: Peppers Kings Square…to become Rydges Kings Square Location: Wellington Stree/Shafto Lane, Perth, WA, Australia Number of Keys: 120 Seller: A partnership between Mode Development and Hickory Building Systems, managed by Mantra Group (Accor). The hotel opened in 2016, at a…

Main Photo: Dunk Island Date: July 2022 Name: Dunk Island Location: Great Barrier Reef, Australia Number of Keys: Before Cyclone Yasi ravaged the island, there was 160 room resort hotel on the island Seller: In July 2021 Mark Spillane tried to acquire the island through his company Upsense Media Capital, but he failed….so the current…

Main Photo: The Westin London City, a recent addition to the RBH stable Date: July 2022 Names: RBH and Gatehouse Hospitality Locations: UK & Asia-Pacific – Gatehouse currently manages properties in Queensland, Western Australia and Victoria, Australia and has a strong pipeline of new build projects Number of Keys: RBH: 5,700; Gatehouse: TBA Partners: RBH,…

Main Photo: The Fraser Suites Sydney, one of the 14 assets within this deal Date: June 2022 Name: Frasers Hospitality Trust Location: HQ Singapore – properties globally Number of Keys: 2,635….Frasers have some 120 properties, under seven brands…although FHT own just 14 assets across 9 cities in Asia, Australia and Europe, as per this deal…

Main Photo: The artist’s impression for the new Wine Hotel Date: June 2022 Name: The Oscar Seppeltsfield – to open 2024 Location: Seppeltsfeild Vineyard, Barossa, South Australia Number of Keys: 71 rooms, suites and penthouses Seller: An old Seppeltsfield winery Buyer: The project is being funded by a group of South Australian businessmen, headed up…

Main Photo: The fab Whitsundays, where the Hook Island Lodge is Date: May 2022 Name: Hook Island Lodge Location: The Southern side of Hook Island, overlooking Hooks Passage and the Great Barrier Reef, Whitsundays, Australia Number of Keys: 50 Seller: Glenn Dickson…The property’s rooms and underwater observatory were damaged by Cyclone Yasi in 2011, and…

Main Photo: The stunning looking Langham Gold Coast – the tallest of the three towers Date: May 2022 Name: Langham Gold Coast – opening June 2022 Location: Between Surfers Paradise and Broadbeach, South of Brisbane, Australia Number of Keys: 169 rooms and suites plus 170 Jewel Residences Seller: TBA Buyer: AW Trading (Australia) Pty Australia’s…

Main Photo: The Hilton Sydney Date: May 2022 Name: Hilton Sydney Location: Close to Hyde Park CBD, Sydney, NSW, Australia Number of Keys: 587 Seller: Bright Ruby Resources Buyer: Baring Private Equity Asia – BPEA, which is in the process of being acquired by Swedish private equity firm EQT, has been active in acquiring hospitality…

Date: April 2022 Locations: Victoria 2026 will be staged in March 2026 across multiple cities and regional hubs including Melbourne, Geelong, Bendigo, Ballarat and Gippsland, in what will be a first ever predominantly regional Commonwealth Games What Did They Say:  The 2026 Commonwealth Games will be hosted in the state of Victoria, Australia. Who They: The…

Main Photo: The Travelodge Sydney Surry Hills Date: April 2022…Updated 12th April Name: Was Travelodge, managed by TFE Hotels…Now ibis Styles, Mercure and Novotel  Locations: Sydney, Melbourne and Brisbane, Australia Number of Keys: 2,000 plus Owner: A JV between Mirvac and NAMA with what is referred to as the Tucker Box portfolio A big bet…

Main Photo: The Loft Suite at the new Ace Hotel Sydney Date: March 2022 Name: Ace Hotel Sydney Location: Wentworth Avenue, Surry Hills, Sydney, NSW, Australia Number of Keys: 264 Seller: The site was the Tune House brick factory Buyer: Developer Golden Age Group US-based Ace Hotel Group is soon to launch its very first…

Main Photo: The Mercure Centro Hotel Date: March 2022 Name: Mercure Centro Location: Port Macquarie, New South Wales, Australia Number of Keys: 72 Seller: HTL Property Buyer: Laundy Hotel Group, operator of some 25 hotels and pubs, across Australia Mercure Centro Hotel in Port Macquarie has been snapped up by the Laundy Hotel Group for…

Main Photo: Hilton Garden Inn Date: March 2022 Name: Hilton Garden Inn Brisbane City Centre North – opening 2024 Location: Brisbane, Queensland, Australia Number of Keys: 129 Seller: The site is a new-build Buyer: Spring Hill Property Group, a privately owned property development company based in Brisbane and mainly into residential properties in prime South…

Main Photo: The Crown Promenade Melbourne Date: February 2022 Name: Crown Resorts, comprising four hotels in Melbourne, three in Perth…and Casinos! Location: Perth, Melbourne & Sydney in Australia and Aspinalls in London, UK Number of Keys: 2,395 Seller: Crown Resorts Buyer: The Blackstone Group After nearly a year of Blackstone pursuing Australia’s largest casino operator,…

Main Photo: Parliament Square Hobart Date: February 2022 Name: Parliament Square Hobart – The Tasman, A Luxury Collection Hotel, Marriott Location: Hobart, Tasmania, Australia Number of Keys: 152 Seller: Trawalla Group, Alan & Carol Schwartz’ family office Buyer: Spirit Super – created through the merger of Tasplan and MTAA Super in early 2021 The Trawalla…