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SECTION: HOTEL, TOURISM & LEISURE

Hotel, Tourism & Leisure

Mantra on Collins on the market

THE Mantra on Collins hotel in Hobart’s CBD is for sale, hoping to capitalise on Tasmania’s buoyant tourism industry. JLL Hotels & Hospitality....

Hotel investments back in play

AUSTRALIAN hotel transaction activity is expected to bounce back after volumes dipped following a record three years, with more than $1 billion of....

Developer swoops on Hobart hotel

TASMANIA’S buoyant tourism sector continues to attract keen players, with a property developer planning to build a new 202-room hotel on a former....

Eumundi toasts to higher profit

QUEENSLAND-based hotel group Eumundi Group has delivered a stronger profit of $3.90 million FY18, due largely to increased revenue from The Plough....

HPI sells Fortitude Valley hotel

HOTEL Property Investments group has offloaded Fortitude Valley icon, The Wickham Hotel for $14 million, at a 5.62% yield and $2 million above book....

Asian investors check out of hotels

HONG Kong’s Ovolo Group is looking to offload the Oaks on Lonsdale hotel in Melbourne’s CBD after buying it four years ago, whilst Chinese investor....

Barnes goes loco for voco

THE first globally branded upscale hotel is coming to Victoria’s Yarra Valley after IHG’s brand voco signed a deal with entrepreneur Martyn Barnes....