Lisa Allen

Associate Editor at The Australian

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Articles

Meriton founder Harry Triguboff calls for lowered interest rates

May 15, 2024 | realcommercial.com.au | Lisa Allen

After six decades of business on the east coast, multi-billionaire Harry Triguboff, says he will stop developing as many apartments given the difficulty in selling them thanks to high interest rates which are sitting at six to seven per cent for homeowners. “It is harder to sell apartments now than ever before,” said the Meriton Apartments founder, who has just put the finishing touches to his $515m Uccello apartment towers in Sydney’s Pagewood.
Panthers Group appoints Trilogy Hotels to run Pullman Sydney Penrith

May 2, 2024 | couriermail.com.au | Lisa Allen

The Panthers Group’s $110m five-star hotel, the Pullman Sydney Penrith, will be operated by a new American-style independent hotel management company. Panthers, one of Australia’s largest entertainment groups with more than 125,000 members across five licensed premises, has appointed Trilogy Hotels, an independent management company founded in Australia by high profile lawyer Tony Ryan last year.
Geoff Dixon to sell Blues Point Hotel as pub market takes off

May 2, 2024 | couriermail.com.au | Lisa Allen

Former Qantas chief executive Geoff Dixon has listed his historic 1864-built Blue’s Point Hotel in North Sydney for sale, with sources saying similar pubs have fetched about $10m. The high-profile businessman, who was also chairman of the federal government’s main tourism arm Tourism Australia, paid more than $6m for the hotel in 2014 and has since renovated it.
Geoff Dixon to sell Blues Point Hotel as pub market takes off

May 2, 2024 | realcommercial.com.au | Lisa Allen

Former Qantas chief executive Geoff Dixon has listed his historic 1864-built Blue’s Point Hotel in North Sydney for sale, with sources saying similar pubs have fetched about $10m. The high-profile businessman, who was also chairman of the federal government’s main tourism arm Tourism Australia, paid more than $6m for the hotel in 2014 and has since renovated it.
Panthers Group appoints Trilogy Hotels to run Pullman Sydney Penrith

May 2, 2024 | realcommercial.com.au | Lisa Allen

The Panthers Group’s $110m five-star hotel, the Pullman Sydney Penrith, will be operated by a new American-style independent hotel management company. Panthers, one of Australia’s largest entertainment groups with more than 125,000 members across five licensed premises, has appointed Trilogy Hotels, an independent management company founded in Australia by high profile lawyer Tony Ryan last year.
Qantas investigating app error which resulted in ‘privacy breach’

May 1, 2024 | theaustralian.com.au | Robyn Ironside |Lisa Allen |Nathan Schmidt |Duncan Evans

Qantas has delivered a fresh update into Wednesday’s data breakdown that temporarily permitted customers to receive other people’s details instead of their own. In a late afternoon announcement, the national airline said the Qantas app was “currently stable and operating normally following an issue with its homepage today”.
Tycoon Jerry Schwartz expands in Blue Mountains with $25m resort play

Apr 25, 2024 | couriermail.com.au | Lisa Allen

Australia’s largest private hotel owner Jerry Schwartz has swooped on the Leura Gardens Resort property near Sydney’s Blue Mountains, paying about $25m. Dr Schwartz said the purchase of the property near his luxury Fairmont Resort was a “no-brainer” for introducing better synergies into the Schwartz Family Company group of hotels, which has a spread of assets on the eastern seaboard. The vendor was the unlisted Elanor Hotel Accommodation Fund, which purchased the resort property in June last year.
Tycoon Jerry Schwartz expands in Blue Mountains with $25m resort play

Apr 25, 2024 | realcommercial.com.au | Lisa Allen

Australia’s largest private hotel owner Jerry Schwartz has swooped on the Leura Gardens Resort property near Sydney’s Blue Mountains, paying about $25m. Dr Schwartz said the purchase of the property near his luxury Fairmont Resort was a “no-brainer” for introducing better synergies into the Schwartz Family Company group of hotels, which has a spread of assets on the eastern seaboard. The vendor was the unlisted Elanor Hotel Accommodation Fund, which purchased the resort property in June last year.
Trio scores InterContinental Hotel Double Bay for $215m and plans a luxury overhaul

Mar 28, 2024 | realcommercial.com.au | Ben Wilmot |Lisa Allen

The InterContinental Sydney Double Bay hotel has been sold for more than $215m after months of negotiations to an investor syndicate led by developer Mervyn Basserabie, alongside property figures Allen Linz and Eduard Litver.
Nine years after Outrigger left our shores it wants back in a big way

Mar 28, 2024 | realcommercial.com.au | Lisa Allen

The Hawaii-based private-equity controlled Outrigger Hospitality Group has stepped up its plans to acquire a foothold in Australia’s tourism industry, nine years after it exited. Outrigger president and chief executive officer, Jeff Wagoner recently came close to buying the Sheraton Grand Mirage on the Gold Coast but lost out to pub baron Arthur Laundy and the Karedis family in the final round of bidding.