Star Hotels, a division of Queensland’s largest independently owned and operated pub and liquor retail group, Star Group, has acquired and settled the Rydges Gold Coast Airport Hotel.

The sale, conducted through an exclusive off-market, invitation-only campaign, marks Star Group’s second hospitality investment on the Gold Coast.

The seven-storey hotel, developed by prominent hotelier John “Foxy” Robinson, opened in 2020 and boasts 192 guest rooms and suites, the Runway Italian Restaurant, The Salty Fox Rooftop Bar, 10 conference and event spaces, a swimming pool, a gym, and ample parking.

It will continue operating as a Rydges-branded property.

This acquisition highlights the Gold Coast’s resilience and growth as a premier tourism and investment destination.

According to CBRE Hotels National Director Wayne Bunz, the “thriving tourism sector” and the hotel’s “irreplaceable location” were pivotal factors for Star Group’s decision.

This move reflects the group’s strategic focus on expanding its footprint in high-growth areas while capitalising on the Gold Coast’s dynamic hospitality market.

The acquisition by Star Group, which already operates over 50 licensed venues, 115 retail liquor outlets, and six accommodation sites in Queensland, cements its commitment to the region.

The move reinforces the Gold Coast’s position as a prime destination for domestic and international travellers, with the hotel expected to generate consistent demand.

• 192 guest rooms and suites: The hotel features extensive amenities, including event spaces, dining, and recreational facilities.

• 50+ licensed venues: This acquisition is part of Star Group’s larger portfolio across Queensland.

• Gold Coast Airport expansion: The ongoing development, including a retail village, health hub, and tech centre, bolsters the area’s appeal.

The Rydges Gold Coast Airport Hotel is strategically located adjacent to the expanding Gold Coast Airport, enhancing accessibility for both leisure and business travellers.

The property’s premium features and established brand make it a high-value asset for Star Group.

Gold Coast’s tourism sector is currently experiencing a boost from inbound international travel, with domestic tourism expected to stabilise hotel performance metrics like Average Daily Rate (ADR).

Star Group’s acquisition is in line with broader trends of investors targeting high-growth, tourism-focused regions.

Keep an eye on the continued expansion of Gold Coast Airport, which promises to enhance infrastructure and connectivity.

Future developments, including a retail village, health and wellness hub, and conference and tech centre, are set to further position the area as a hub for travel and business.