Melbourne's Ibis Little Bourke Street Hotel Sold

Yeh’s Hotel Group have made their first entry into the Melbourne hotel market with the acquisition of the Ibis Little Bourke Street

Key points:

  • 121-key ibis Little Bourke Street

  • Yeh Group has bought 56 of the strata titled hotel

  • To be rebranded as the Melbourne Hotel CBD

Ibis Little Bourke Street has been sold to Yeh's Hotel Group, unencumbered by management. Set to be rebranded as the Melbourne Hotel CBD, the Hotel comprises a strata-titled economy hotel with 121 guest rooms, of which 56 guest rooms are together with the restaurant and bar, conference and meeting facilities and supporting front/back of house areas, owned in-one-line.

The deal was brokered by JLL Hotels.

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