AccorInvest Australian Hotel Portfolio - SOLD

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Sold for 180,000,000 AUD Date of Sale: December 2020
Rooms: 1797
Price Per Room: 100,167 AUD
Property Id : 29445
Management: Accor

JLL Hotels & Hospitality Group have been exclusively retained by AccorInvest (The “Vendor”) to offer for sale the AccorInvest Australian Hotel Portfolio (herein collectively referred to as the “Hotels”, “Properties”, “Assets” or “Portfolio”)

Strategically located across several of Asia Pacific’s most sought after hotel investment destinations, the Portfolio consists of 17 hotels.

ibis Sydney Airport, ibis Thornleigh, ibis Budget Sydney Olympic Park, ibis Budget St Peters, ibis Budget Wentworthville, ibis Budget Enfield, ibis Budget Campbelltown, ibis Budget Casula Liverpool, ibis Newcastle, ibis Budget Newcastle, ibis Budget Coffs Harbour, ibis Budget Dubbo, ibis Budget Brisbane Airport, ibis Melbourne Hotel & Apartments, ibis Budget Fawkner, ibis Budget Dandenong, ibis Budget Canberra

Strategically located in several of Asia Pacific’s most sought after hotel investment destinations, the Portfolio consists of 17 hotels (comprising 1,797 rooms) across Sydney, Melbourne, Brisbane, Canberra and a number of key regional locations. The scale of this Portfolio and its diversity – in terms of location, market positioning and income profile – provides investors with an opportunity to immediately establish an unparalleled foothold in Australia’s key hotel markets.

The Hotels are currently managed by AccorHotels, Australia’s largest hotel operator, however several are available for acquisition subject to a franchise agreement or with vacant possession if required. Never before has a portfolio of this nature been offered for sale to the open market in Australia.

Peter Harper

Managing Director, Head of Investment Sales Australasia

Nick Roche

Vice President, Investment Sales - Australasia
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