The Claremont Hotel is set to open in early January after nearly three years of closure, with the $12 million refurbished bar becoming Australian Venue Co's largest WA asset.
Good Drinks Australia is banking on increased revenue streams in a bid to reach a new EBITDA target of between $25 million and $30 million in the next three years.
Australian Venue Co is progressing on the $12 million refurbishment of the Claremont Hotel, preparing to reopen the tavern after more than two years of closure.
A Melbourne-based hospitality outfit has acquired Varsity Group and its eight sports and burger bars, while committing to invest a further $20 million in WA over the next three years.
Western Australia's largest brewer has expanded its presence in Victoria and doubled the number of venues it owns with the purchase of Stomping Ground in a deal valued at around $10 million.
Western Australia's largest winemaker has acquired Accolade Wines' Nannup facility where it will produce the company's Houghton and Brookland Valley labels.
The family behind food producer Mrs Mac's is lying low amid rumours about the future of the business, after the pandemic took its toll on the company's bottom line.
A business owner has lost an eleventh-hour bid to avoid eviction from Hyde Park, after a court decided the process that delivered a new vendor monopoly rights to the precinct was above board.
Melbourne's oldest independent brewery 3 Ravens has set its eyes on expanding the eco-conscious business model to Perth as part of a crowdfunded expansion.