01 Apr Melbourne’s Ibis Little Bourke Street hotel has been sold to Yeh’s Hotel Group
Located in the heart of Melbourne, the property comprises of 121 guest rooms, 56 guest rooms of which are leased by third-party owners. The hotel is now known as Melbourne CBD Hotel.
Yeh’s Hotel Group specialise in hotel development and management. This acquisition has introduced the group to the Melbourne hotel market adding another property to their current portfolio.
Hotels, Tourism and Leisure Principal, Jeffrey Pinch, and Senior Associate, Briget O’Callaghan advised Yeh’s Hotel Group on the completion and post acquisition matters relating to its purchase of the Ibis Little Bourke Street hotel.