Mercure Townsville sold
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.