Hospitality

Sovereign wealth fund Abu Dhabi Investments Authority has sold the Novotel and Ibis hotels in Sydney's Darling Harbour to Wentworth Capital for $390 million.

A cocktail bar located in the basement of Merivale's Fred's restaurant in Paddington has won court approval to trade until 2 am four days a week.

The operator of Hunter Valley's luxury Elysia Retreat, which has filed an intellectual property suit against the newly established Elysium Hotel in Noosa, has told a court the hotel's trade mark should be removed from the register.

Four Sydney venues owned by Jon Adgemis, including the South Bondi Hotel, have sold shortly after being listed, following a declaration that the former KPMG partner-turned-hospitality-mogul is bankrupt.

The NSW Land and Environment Court has cleared the way for a backpackers and hotel accommodation development in Haymarket, Sydney.

A wellness retreat has launched an intellectual property suit against luxury Queensland resort Elysium Noosa, claiming that a recent rebrand amounts to passing off.

The NSW Civil and Administrative Tribunal has given the operator of the Ibis Sydney Airport hotel in Mascot another chance to seek a liquor licence, finding a deferred commencement condition did not mean a development consent was not 'in force'.

Receivers for Jon Adgemis' Public Hospitality Group are planning to put the South Bondi Hotel on the market by the end of the year.

Bakers Delight has lost its appeal of a decision that found it was subject to a statutory reverse onus to disprove record-keeping claims in underpayments proceedings against a franchisee.

Sydney pub baron Jon Adgemis has been declared bankrupt and his properties have been sequestered, with the Federal Court finding the former KPMG partner owes $1.8 billion to creditors.