Business
Salter Brothers buys Travelodge portfolio for record $620m – The Australian Financial Review
The acquisition of 11 Travelodge hotels and 2000 rooms is the biggest hotel real estate transaction in Australia.
We have done a lot of work on a domestic-only market with no international visitors coming in, and the view is that we have more than enough demand in Australia to support operating back at pre-COVID levels, he told AFR Weekend.
The majority of the portfolio…
Continue Reading