News and announcements
Mercure Townsville sold
Mercure - North QLD, Australia
Celestial Capital Group is pleased to congratulate our client on the successful acquisition of the Mercure Townsville, a prominent North Queensland resort.
Representing a high-net-worth Asian investor with an established Sydney hotel holding and a strategic mandate to expand nationally, this acquisition reinforces the growing confidence of offshore private capital in Australia’s hospitality market.
Celestial Capital Group acted as Hotel Investment Manager, providing comprehensive transaction support encompassing market analysis, financial due diligence, brand engagement, and acquisition structuring.
The Caption by Hyatt brand debuts in the Pacific with 174 rooms in the lively Sydney Haymarket neighborhood
Caption by Hyatt - Sydney, Australia
Congratulations to our client LFG on the opening of the Caption By Hyatt Central Sydney — designed by Mitchell Eades and supported by CelestialCapital Group through Development & design advisory, hotel operator selection and Strategic investment management.
Caption by Hyatt Sydney represents Australia's first man-chise (hybrid management agreement-franchise).
4 star Townsville CBD Hotel sold to Asian Investor
Madison Plaza Hotel - North QLD, Australia
Celestial Capital Group congratulates Luxora Hotels on the successful repositioning of their Townsville CBD asset to the Holiday Inn brand.
Celestial was privileged to advise across brand selection, refurbishment strategy and operator engagement.
Canterbury International
Canterbury International by Radisson Individuals - Melbourne, Australia
Park Inn by Radisson to launch in Australia in Q4
Park Inn by Radisson - Melbourne, Australia
Celestial's inaugural hotel acquisition under its Frater Capital subsidiary. Following 16 months of design collaboration and renovations, the Park Inn by Radisson Melbourne Carlton will officially re-launch on the 3rd November 2025.

