Transactions

Transactions

Leading Australian Hotel Advisers With Over 25 Years Experience and 650+ Projects

Our Experience

Experience gained from over $2 billion in transactions including selling, buying and preparing assets and portfolios for exit. Dransfield offers a unique and diverse skill set that achieves transaction outcomes above expectations.

Dransfield identify credible best uses and create structured transactions to unlock special value. By creating value we close price gaps and resolve objections using our specialist knowledge and resources.

Dransfield add value prior to market presentation to improve asset attractiveness, ease assessment and increase competitive tension. Options can include preparing redevelopment schemes or securing vacant possession. 

Whilst we undertake specific roles, we are often retained to manage the entire transaction on behalf of vendors and purchasers.

Dransfield bring ownership to transaction management.

Transaction Streams 

Completed Projects

Development

Development

Leading Australian Hotel Advisers With Over 25 Years Experience and 650+ Projects

Development Experience

Dransfield have advised and led numerous hotel and resort development projects across all asset types and sizes. Our clients include many of the major developers across Australia as well as experienced and first time participants.


We recognise the unique and challenging circumstances in developing hotels and resorts in Australia. A “whole of development” approach is adopted to reduce project risk and cost.


Our clients include many of the major developers who recognise the difference between hotels and residential and commercial development and the need for specialist skills.


We have experience in each stage of the development life-cycle from concept to completion including project sales. Projects include large upscale city hotels as well as regional resorts throughout Australia

Related Services

  • Site and Market Assessment
  • Project Concept and Design
  • Total Project Feasibility Assessment
  • Concept Review and Modification
  • Project Planning and Scheduling
  •  Operator Selection
  • Project Control Group Management
  • Finance Arrangement and Coordination
  • Integration of Development and Operations
  • Alternate use Analysis
  • Refurbishment and Redevelopment (R&R)
  • Strata Title & Resort Development Specialists
  • Joint Venture Assembly

Dransfield Development Projects

  • W Hotel (Ribbon Development) - $700m and Mixed Use Development, Darling Harbour
  • Australia 108 - 300 room, 5 Star Hotel
  • The William Inglis Hotel - MGallery by Sofitel
  • Eco Point Resorts - 5 Retreat/Resort Assets > $80m
  • Taronga Zoo Eco Retreat - Government Backed Eco Retreat Concept
  • Sydney Airport - Relocating and integrate scheme with existing hotels to enhance value
  • Island Resort Investigation - $500m+ potential investment for island asset
  • Various Boutique Luxury Assessments - Sunshine Coast, Noosa, TNQ, South Australia, Byron Bay, NSW Hinterland
  • Exmouth Resort - Advised on the acquisition and development scheme of a regional asset
  • Dransfield have numerous other past development projects. Contact us to find out more.

Completed Projects 

Investment

Investment

Leading Australian Hotel Advisers With Over 25 Years Experience and 650+ Projects

Investment Experience

We understand different investor and lender risk profiles and their return requirements and are often the bridge between equity, operations and development.


Thinking about investing in the sector? We can add value at any stage of the investment life-cycle. Our services help solve major investment decisions including:

  • Should I buy or sell the hotel?
  • Should I invest in this opportunity?
  • What is the right price?
  • Should I participate in this development?
  • Is my operator doing a good job?
  • Who is the right operator?

Dransfield Investment Projects

  • Accor Acquisition of Mantra Hotels - $1.2B portfolio acquisition of over 130 properties (20,000 rooms)
  • W Hotel (Ribbon Development) - $700m high end hotel, serviced apartments, retail and theatre
  • Mirvac Hotel Group for Accor Hotels - EV over $250m - 48 Hotels, multiple asset types & vehicles
  • NRMA Acquisition of RACT Assets - Four regional leisure assets in Tasmania
  • GAIA Retreat and Spa & Lizard Island - Acquisition due diligence of regional boutique luxury assets
  • Hamilton Island Enterprises - Strategic review of operations for $500+ asset
  • Mayfield Gardens - Strategic and development advise to create a world leading resort
  • Dransfield have been involved in numerous development projects. Contact us to find out more.

Completed Projects

Consulting

Consulting

Leading Australian Hotel Advisers With Over 25 Years Experience and 650+ Projects

Dransfield Consulting Experience

Dransfield has extensive consulting experience. We provide a wide range of independent advisory services to hotels and resorts.


Our experience and specialist skills bring a broader perspective to our advice and practicality to our solutions. We are often asked to execute our advice and participate as part of a team.

Related Services


Completed Projects

Strata Title

Strata Title

Leading Australian Hotel Advisers With Over 25 Years Experience and 650+ Projects

Strata Title Experience

We are Australia’s most experienced strata title advisers, adding value to hundreds of projects across the country.


With over 100 projects with roles ranging from conceptualisation to completion, we have well developed methodologies for the execution of serviced strata hotels and resorts.


A successful strata hotel and resort scheme requires a sound commercial concept developed from market understanding. Key decisions include: Design & product mix, legal compliance, pricing points, total delivery costs, operating structures, overall feasibility, project marketing, demand drivers and funding.


We have the experience to commercialise site opportunities and assess real feasibility. Hotel development requires the balancing of all stakeholders needs.

Key Services

  • Development and Concept Commercialisation
  • Regulatory
  • Project Marketing
  • Financial Services Licenced - Prospectus and PDS Assistance
  • Shared Ownership

Shared Ownership

Dransfield developed shared ownership as an alternative product to traditional resort strata ownership models. 


Shared ownership is an alternative way to own a holiday home which recognises that it is a second home that is not used all of the time. Typically six to eight owners buy a share house in the home, entitling each owner to 6-8 weeks occupancy per year. This saves 80% of the cost and moves the focus to lifestyle.

Asset Management

Asset Management

Leading Australian Hotel Advisers With Over 25 Years Experience and 650+ Projects

Asset Management Experience

Dransfield goes beyond the typical short term tactical focus of traditional hotel asset management. We apply a strategic, investment-oriented approach, optimising the value of the asset over the full investment life cycle. This equips owners with the tools to effectively manage their investment and build a constructive and cooperative long term relationship with the hotel operator. 


We also provides a full range of complementary services which can be drawn upon as required, including development management, transaction services, debt and equity sourcing and advisory services.

Our Solution Encompasses

We tailor asset management solutions to meet the needs of the individual owners according to their specific resourcing requirements and desired level of active involvement in managing the asset. We equip owners to effectively manage their investment and build a constructive and cooperative long term relationship with the hotel operator. We are also able to provide a full range of complementary services which can be drawn upon as required.


Operational - Core asset management services focussed on optimising the performance of the operating business


Investment - Custodial asset management services focused on managing the assets throughout the investment lifecycle to maximise total owner returns


Structuring Solutions - Providing effective solutions for structuring the operating asset and investment vehicle including leasing, labour hire solutions, white label operation and franchising

Related Services

  • Consulting
  • Investment
  • Operational
  • Structuring Solutions

Past Projects

  • Novotel Gold Coast, Formerly Hotel Grand Chancellor
  • Art Series Hotels
  • The Old Woolstone Apartment Hotel, Hobart 
  • Sebel Harbourside Kiama, NSW
  • Eco Point Group
  • Noosa North Shore

Operator Selection

Operator Selection 

Leading Australian Hotel Advisers With Over 25 Years Experience and 650+ Projects

Operator Selection Experience

We have extensive experience in all aspects of the selection, appointment, and supervision of hotel and resort operations. Our operator related services benefit from our experience as both an owner and operator. Our experience extends to:


Operator Selection Process

  • Branding & positioning
  • Management Agreements
  • Risk sharing including leases and guarantees
  • Review and approval of Budgets
  • Pre-opening agreements and strategy
  • Commercialising Design

Review of Existing Operators

  • Performance reviews
  • Renegotiate agreements
  • Extensive database of live operating data

Strata Title Projects

These type of projects have special needs which have a significant impact on operator appointment.

  • Structure of Management & Letting Rights (MLR)
  • Sales of MLR
  • Separation of Ownership and management of MLR's
  • Market friendly letting Agreements and Leases
  • PDS and Corporations Act compliance
  • Self operation advice

Independent Experts Reports relating to appointments/existing operators

  • Dispute resolution
  • Expert Witness
  • Product Disclosure Statements

Dransfield Operator Selection Past Projects

  • W Hotel (Ribbon Development) - Negotiated terms with Marriot for largest W in the world
  • The William Inglis Hotel - Mgallery by Sofitel - Formal operator selection process
  • Vibe Darling Harbour - Peer review of the operator selection process
  • Pullman Adelaide - Advised the owner regarding appointment of an operator
  • Vibe Marysville - Undertook formal operator selection process within broader engagement
  • Business Park Hotels - Various operator selection engagements in Sydney and Melbourne
  • Sebel Harbourside Kiama - Appointment of Mirvac Hotels
  • Soul Gold Coast - Review and negotiate management agreements
  • Kings Cross Crest Hotel - Includes operator selection, terms of management, pre-opening budget
  • Art Series - Negotiated extensions on multiple management agreements 
  • Perth City Link - Retained by developer to select an operator
  • Dransfield have been involved in over 100 operator selection projects. Contact us to find out more.

Independent Experts

Independent Experts and Witnesses

Leading Australian Hotel Advisers With Over 25 Years Experience and 650+ Projects

Dransfield Independent Experts Experience

Dransfield has provided expert testimony on numerous occasions for a wide range of matters in the Supreme Courts, Land & Environment Courts and the Federal Court of Australia. 


We also assist in informal dispute resolution and have successfully acted for international and local clients in mediations and arbitrations.


Dransfield is the holder of an Australian Financial Services Licence. This complements our services in providing expert reports, PDS, litigation support, and board advisory. Litigation and independent Expert Matters have Included:

  • Acted for various publicly listed entities assessing forecasts provided in prospectus and takeovers.
  • Acted for an international hotel operator in assessing whether their hotels performance had deteriorated as a consequence of the managers performance or market conditions outside of their control
  • Acted for a developer to calculate  the economic impact of closing half of the hotel rooms and converting them to luxury residential use.
  • Provided expert advice on the performance of a strata title hotel versus original forecasts
  • Acted for the operator in assessing the future trading prospects of a Gateway Convention & Exhibition Centre, including a valuation of the management rights for a partnership  dispute.
  • Acted for the owner of the property in a 20 year rental dispute involving reserved rent in excess of $100m. This arbitration took place over 40 weeks
  • Acted for a fund manager to ascertain whether the hotel was being operated in accordance with the standard required by lease

Related Services

Some Past projects

  • Hilton, Sydney
  • Peppers Broadbeach
  • Barndougle Dunes, TAS
  • Kawarau Falls Station

Dransfield have represented as independent experts numerous times. Contact us to find out more.