One of Australia’s largest hotel portfolios will soon be placed on the market by AccorInvest.
JLL Hotels & Hospitality Group is handling the sale of the portfolio.
The AccorInvest Australian Hotel Portfolio is made up of 23 real estate assets and lease interests located across Sydney, Melbourne, Canberra, Brisbane and Perth, together with several major regional cities. It encompasses 17 real estate assets comprising 1,797 rooms of which four are branded as ibis hotels and the other 13 ibis Budget hotels. Notable assets include the ibis Hotel & Apartments Melbourne, ibis Sydney Airport, ibis Budget Sydney Olympic Park and ibis Newcastle.
The six lease interests include The COMO Mgallery by Sofitel in Melbourne, the Novotel, Mercure and ibis hotels in Brisbane and the Mercure and ibis hotels in Perth. All hotels within the portfolio are currently operated by AccorHotels, Australia’s largest hotel management company, under hotel management agreements.
