Investor Presentaiton
Our Hotels investment strategy delivers growth and diversification
of earnings
Renewals
Acquisitions
Redevelopments
Blue Mountain
THE TOWER
> Restoring post period of
underinvestment
> Increasingly focused on Food &
Bars and Accommodation
> Beginning to leverage Group
renewal capabilities
46 Renewals completed in F23
endeavour
group
> $89m investment to acquire 11
hotels with 15 associated Retail
stores
> Diverse revenue streams
~$50m in annualised Hotel sales
and ~$50m of Retail sales
On track to deliver ROI >15%¹
> The Brook Hotel reopened in May
> Currently top 10 F&B Hotel in
portfolio
> New Dan Murphy's generating >5x
uplift in Retail sales²
> Accommodation opening in Q1F24
Average weekly EBIT
up >500%
1. Return on investment is calculated as Year 2 EBIT as a percentage of invested capital. Invested capital is total capital expenditure, net of depreciation
2. Average weekly sales uplift
14View entire presentation