The Bussleton Beach Resort has changed hands following the end of a 40-year timeshare arrangement.
Source: New feed

Legend Land’s acquisition of the 472-room Novotel & ibis Melbourne Central represents the largest hotel transaction in Melbourne in over six years and highlights the confidence international capital has in Australia’s hotel sector outlook.
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Award-winning design firm waldrop+nichols studio based in Texas, created a contemporary casual California aesthetic featuring artistic and playful elements of the Gaslamp Quarter's early inhabitants.
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Global Holdings, the international real estate development and investment firm led by Chairman and Founder Eyal Ofer, yesterday announced the acquisition of the Mondrian Park Avenue, a 190-key boutique hotel in Manhattan’s NoMad neighborhood.
Source: New feed

Apple Hospitality REIT, Inc. (NYSE: APLE) yesterday announced the acquisition of the newly renovated Courtyard by Marriott Cleveland University Circle for $31 million, or approximately $201,000 per key.
Source: New feed

Weekly Hotel Industry Asia Pacific News Roundup from HVS
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A summary of European hotel transactions provided by HVS
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A conversion property, voco Beirut Central District is scheduled to be rebranded by the end of this year, adding 123 rooms to IHG’s portfolio in the country.
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Featuring 98 rooms and suites, upon its debut in 2025 guests will be invited to enjoy a range of facilities including two food and beverage options, a banquet facility spanning over 300 square metres, a swimming pool and a state-of-the-art fitness centre.
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IHG Hotels & Resorts today announces the signing of Hotel Indigo Satu Mare, a brand debut in Romania.
Source: New feed