The Iris Hotel Group has grown to be one of the great success stories of Sydney’s pub industry. “In a period of only four years the Group has amassed what is considered to be one of the strongest retail liquor and gaming hotel portfolios in NSW,” said Mr Musca. He added, “Most of the Group’s venues offer 24-hour or extended trading hours.” The portfolio sale included The Cabramatta Inn, Eastwood Hotel, Canterbury Hotel, Revesby Pacific Hotel, Bankstown Club Hotel, Wattlegrove Club Hotel, Mount Annan Club Hotel, Campbelltown Club Hotel and Leumeah Club Hotel. Iris will retain ownership of four other hotels in the Group. “With over 34,500m2 of land area across the portfolio, the nine hotels also include a number of DA’s for further development and/or box-format retail liquor opportunities,” said Mr Musca. The Hedley Group acquired the hotels with 45-year leases in place and will retain the ownership of the hotel licenses and 238 gaming machines at the venues. “The sale highlights the continued corporatisation of Australia’s pub investment market and demonstrates the value the financial markets place in the separation of the freehold assets and income streams,” said Mr Musca. Investment activity in Australia’s pub market continues to maintain its strong momentum. Unprecedented levels of transaction activity and investor interest were reported in both NSW and Queensland during 2006, surpassing sales activity recorded during 2005. “The outlook for 2007 suggests yet another strong year in regards to sales volume and number of transactions,” said Mr Musca.
The Iris Hotel Group
The Iris Hotel Group has grown to be one of the great success stories of Sydney’s hotel industry.
Iris Hotel in Amsterdam, The Netherlands
Hotel Iris Amsterdam offers 11 clean and reasonably priced tourist accommodations in the centre of Amsterdam.
Iris Hotel in Guzelyali, Turkey
Iris Hotel is located in Guzelyali near the town of Canakkale.
Iris Hotel in Agios Gavriil, Kos, Dodecanese, Greece.
Iris Hotel is situated in the area of Psalidi, 2 kilometres from the city centre and only a short distance from the beach.
Luxury Hotels of Cappadocia
The ethereal fairyland of Cappadocia is a place that many tourists to Turkey want to visit Traditionally the meringue like castles would be visited by busloads of tourists from popular resorts such as Kalkan and Antalya
Cheap Hotels in Amsterdam
The summer has started and many of us are planning to visit some cool and chill destination, may be with family or group of friends. Amsterdam is among the few wonderful cities in Europe, which promises the cool nature beauty with spirit of true tourist destination. The beautiful small city is famous for its canals, museums, and historical sights. It is considered as one of the most romantic and beautiful cities in Europe.
Cheap Hotels Overseas Offer Staycation Alternative This Winter, Says Hotels4u.com
The 'staycation' has been a major trend this year as holiday-makers attempt to keep costs down, but now the overseas travel industry is fighting back with massive incentives. According to world-wide hotels specialist Hotels4u.com, these latest deals could be just the thing to tempt holiday-makers away this winter.
The Best Vacations In Amsterdam Hotels
Amsterdam is a European capital that retains several traditions despite being a liberal city. For example, prostitution and marijuana consumption is permitted in specific places. The Red Light District is the pink zone of Amsterdam, it is a traditional Dutch neighborhood, while coffee shops are the unique places where public can smoke cannabis with freedom, it is permitted 5 grams per person. These are two reasons why some tourists visit the capital of the Netherlands, another reason are its cheap Hotels.
Amsterdam Hotels In The Best Part Of The Capital
Stroll is a smart option to explore Amsterdam saving money. The city is not big; therefore, you won’t have any trouble for visiting each corner of the capital. Amsterdam has a traditional architecture that contrast with its modern buildings in the city center. If you pretend to stay several days in Amsterdam, don’t forget to book a room in any of its numerous Hotels. Amsterdam tourism is very important in the city’s economy.
Review on Turkey hotels. How to find out which hotels in Turkey are really good?
As Europe seems to be the most favorite travel destination for Americans after Mexico perhaps, where do Europeans like to spend their holiday nowadays? The answer is quite obvious: it's Europe again and more precisely its Southern part. Spain, Portugal, France and Italy have been all time favorites among European holidaymakers for years. However new travel destinations emerged in the Southeastern part of Europe over the last decades such as Croatia, Greece and Turkey. Their picturesque Mediterranean coastal line, preserved natural resources and rich cultural heritage waiting to be discovered have made them preferred and beloved travel destinations for many travelers.
Spectacular Hotels in the Windmills City
If you are bored of the same routine in vacations, you ought to go to Amsterdam, a city with style. Amsterdam is a small and modern capital at North of Europe. However, the town retains much of its traditions. Plan your vacations here and discover Amsterdam attractions in few days. The city has a wide variety of Hotels; choose the most appropriate according to your economic possibilities.
Amsterdam Hotels And Apartments
Amsterdam has something for everybody and you can enjoy imposing architecture, lovely canals, ornate mansions, museums and art galleries, good shopping malls, concert halls, theaters, restaurants, bars, cafýs, and lots more Situated in south of province North Holland, Dutch capital is your location for myriad of pleasures also you can do many things to have fun & pleasure in Amsterdam