9
Feb
Melbourne Four-Star Trio Hotel Sells for Thirty Point Seven Million Dollars, Showcasing Surging Offshore Demand in Box Hill’s Secondary CBD
Melbourne Four-Star Trio Hotel Sells for Thirty Point Seven Million Dollars, Showcasing Surging Offshore Demand in Box Hill’s Secondary CBD A newly developed four-star hotel in Melbourne’s eastern corridor has changed ownership for $30.7 million, a transaction that underscores growing confidence in Victoria’s hotel and travel market among offshore investors. The Trio Hotel, located in the Box Hill suburb, has been acquired by a private Chinese investor, marking one of the most prominent metropolitan Melbourne hotel deals completed over the past year. From a travel and hospitality perspective, the sale reflects rising...