"As such, investors and patrons remain in equal parts drawn by the magnetism of both the robust trading history, and the proud physical permanence of hotels such as the Exchange and Frisco respectively, " Mr Jolliffe said.
“As evidenced by the recent sales of both the Courthouse Hotel in Newtown and the White Cockatoo in Petersham, investor appetite for city-fringe hospitality assets has been exceptionally strong in the first half of the year,” Mr Handy said.
