Latest Hospitality News

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EVT Limited has acquired the premium QT Auckland hotel for NZ$87.5 million, reinforcing its strategic presence in key city markets while divesting non-core assets to focus on high-performing properties.
Victor Sage
Victor Sage
24 Dec 2025
Iris Cairns Property Pty Ltd has lodged a bidder’s statement for an all-cash $3.87 per unit takeover offer for Reef Casino Trust, securing unanimous recommendation from the trust’s board and major unitholders. The offer, representing a significant premium, awaits regulatory approvals and closes in March 2026.
Victor Sage
Victor Sage
29 Aug 2025
Transmetro Corporation Limited reported robust financial results for FY25, with revenue and profit significantly up, underpinning a steady dividend payout.
Victor Sage
Victor Sage
28 Aug 2025
Eumundi Group has officially been acquired by SEQ Hospitality Group, with shareholders receiving A$1.62 per share and significant board changes announced. The company is set to be delisted from the ASX imminently.
Victor Sage
Victor Sage
14 Feb 2025
SEQ Hospitality Group has formally withdrawn its off-market takeover bid for Eumundi Group following shareholder and court approval of a competing scheme of arrangement. This move effectively ends the takeover offer and confirms the scheme as the path forward for Eumundi shareholders.
Victor Sage
Victor Sage
6 Feb 2025
Eumundi Group Limited’s shares have been suspended from ASX trading following Federal Court approval of its acquisition by SEQ Hospitality Group Pty Ltd, marking a pivotal step in the company’s transition.
Victor Sage
Victor Sage
5 Feb 2025
Eumundi Group's scheme of arrangement has been legally approved, paving the way for SEQ Hospitality Group to acquire all shares at $1.62 each. Trading of Eumundi shares on the ASX is suspended effective immediately, with payment scheduled for mid-February.
Victor Sage
Victor Sage
5 Feb 2025
The Federal Court of Australia has approved SEQ Hospitality Group’s acquisition of Eumundi Group, setting the stage for a $1.62 per share cash payout to shareholders and imminent suspension of Eumundi’s ASX trading.
Victor Sage
Victor Sage
4 Feb 2025
The Star Entertainment Group has agreed to sell its Sydney Event Centre assets to Foundation Theatres for $60 million, marking a strategic shift in its property portfolio.
Elise Vega
Elise Vega
29 Jan 2025
Eumundi Group has issued a second supplementary target's statement endorsing SEQ Hospitality Group's takeover offer, maintaining the recommendation to accept in the absence of a superior proposal and reaffirming the offer's fairness.
Victor Sage
Victor Sage
13 Jan 2025