Sector: Hotels & Accommodation

Further to our previous alerts, the Commercial Tenancy Relief Scheme is now extended to cover the period from 16 January 2022 to 15 March 2022.

Although short-stay accommodation is not a new concept, the introduction of AirBnB (also known as ‘AirBed and Breakfast’) and similar short term letting agencies created a worldwide phenomenon resulting in an upsurge in short-stay rentals.

Led by partner Michael Gough, Rigby Cooke is delighted to have the opportunity to support Barnes Capital, a premier boutique capital investment firm, on the launch of the Oakwood Hotel and Apartment development in Dandenong.

If you have recently purchased property in Australia, it is important that you protect your new asset. Most people immediately take out insurance to protect their new property from the consequences of flood, fire, damage and theft. Many people fail to protect their new asset from the consequences of incapacity or death.

We congratulate our client, Alfasi Property Group, on the announcement of their new hotel development at 2-10 River Street, South Yarra.

With tourism figures reaching new heights and migration to Melbourne soaring, developments that offer multi-purpose utility, provide a much-needed solution to accommodate the increasing influx of people in the nation’s cultural capital.

After recently assisting our client and hotel developer, Barnes Capital, with the negotiation of a hotel management agreement with IHG, we congratulate the announcement of a new Holiday Inn to be built in Coburg, Melbourne.

We congratulate our client, Melbourne investment company and fund manager PE Capital, who revealed their plans to build an eight-storey, 200-key hotel, at yesterday’s (2 May) annual Australasian Hotel Industry Conference and Exhibition (AHICE).

The development and operation of commercial accommodation raises complex regulatory, contractual, commercial and taxation issues.