One of the most prolific and highly respected figures in the Australian hospitality sector, Durran joins HTL Property to further elevate the firm’s hotel brokerage and advisory capabilities across Australasia.
With a career spanning 36 years, Durran is widely considered one of the most experienced hotel advisors in Australia; bringing with him an unrivalled track record, and having personally negotiated over 140 major hotel transactions with a combined value exceeding $6.5 billion, across Australia, NZ and The Asia-Pacific region. Durran's deep expertise encompasses hotel brokerage, operations, and development; which has included 25 years in senior leadership at JLL Hotels & Hospitality Group and, most recently, leading the Hotel Capital Markets team at Savills.
“We are delighted to welcome Mark Durran to the HTL Property team," advised Andrew Jolliffe, Managing Director of HTL Property. “Mark's reputation for navigating the most complex, valuable and challenging transactions in the market is frankly second to none, and his appointment underscores our commitment to providing clients with access to the industry’s most sophisticated capital markets advice; and an unmatched network of global and domestic investors," Jolliffe added.
Mark Durran has been instrumental in many of Australia’s highest-profile, highest value hotel deals.
In Sydney’s competitive CBD, he has personally negotiated four of the last eight major hotel transactions. Career highlights include landmark sales, such as:
• Hilton Sydney: $530,000,000
• Sheraton Melbourne: $135,000,000
• Sir Stamford at Circular Quay, Sydney: $210,500,000
• Four Points by Sheraton, Melbourne Docklands: $96,000,000
• Westin Perth: $205,000,000
• Marriott Portfolio (Sydney, Melbourne, Brisbane): $415,000,000
• Four Points by Sheraton Sydney, Central Park (Twice 2021 and 2017): $146,000,000 - $156,000,000
In his new role at HTL Property, Durran will focus on major hotel brokerage assignments throughout both Australia and New Zealand, while continuing to facilitate deal flow between Australasian assets and investment capital sources from Asia and beyond.
“I am excited to join HTL Property, a firm that has consistently demonstrated its agility and market-leading expertise within the national hotel and hospitality sector,” advised Mark Durran.
“I look favourably forward to leveraging my experience, when combined with HTL’s platform and professional standing; and so as to drive exceptional outcomes for our clients during this dynamic period for the hotel investment market in the Asia-Pacific.”
