HVS Asia Pacific Hospitality Newsletter
Traveling Weekly Hotel Industry Asia Pacific News Roundup from HVS Salter Brothers Acquires Luxury Boutique Hotel & & Estate Portfolio in New South Wales, Australia Australian-based worldwide fund supervisor Salter Brothers Asset Management Pty Limited ("Salter Brothers") has actually gotten the Australia-based Escarpment Group's collection of high-end shop hotels and estates for a hypothesized rate of AUD115 million. These consist of the 89-key Lilianfels Resort & & Spa, the 84-keyThe Hydro Majestic Hotel, the 14-key Echoes Boutique Hotel, the 31-key Parklands Country Gardens & & Lodges, and the 19-key The Convent Hunter Valley. The 5 obtained residential or commercial properties are distinct to the Blue Mountains and Hunter Valley areas in New South Wales, Australia. Following the conclusion of this acquisition, the variety of residential or commercial properties under its management will increase to 36. Blackstone ...