ALH is forging ahead with ambitious capitalisation plans, having submitted application to add a 30-storey hotel and residential tower above the historic Morrison Hotel.
Australian Leisure & Hospitality (ALH) is the hospitality arm of listed Endeavour Group, which holds the pub operator, with 350 hotels, and major retail chains BWS and Dan Murphy’s.
Many of ALH’s pub properties occupy large blocks of land in key locations, such as the Morrison, on Brisbane’s arterial Stanley Street, and many of the sites are prime for redevelopment.
Making good on its strategy previously outlined to investors, ALH has adopted a focus on property development, looking to leverage its massive retail and hospitality portfolio. This is a counterpoint to recent closures by Endeavour, at Shingleback Wines and soon to be at its Oakridge winery restaurant, which were in response to lacklustre revenue, following changing consumer habits and cost-of-living pressures.
The heritage-listed Morrison was built in 1927, to replace the razed Britannia Hotel, which was built following the demolition of the first hotel on the site, the Duke of Cornwall.
Acquired in 2002, ALH plans to refurbish the historic Woolloongabba pub, bringing a new space in the basement, a restaurant on the upper level and an expanded beer garden. There will also be the tower, containing five levels of accommodation and 18 floors of residential, bringing 245 units.
Image: Google maps
ALH notes it has no intention of becoming a residential developer and intends to collaborate on what is cited as a $250 million investment, as it plans more housing and hotel rooms in the lead-up to the Olympics.
“We have submitted a Development Application (DA) for the Morrison Hotel for consideration and are currently awaiting approval,” says an Endeavour Group spokesperson.
“Once we receive approval, we will then move forward with seeking partners.”
Behind and beyond the rejuvenated Hotel, the tower will contain 140 hotel suites, a mix of one- and two-bedroom apartments, and assorted amenities, including dining spaces, meeting rooms, a theatre and a pool. It will be accessible via Jacob Lane.
The large-scale project comes since the Queensland government’s announcement in 2022 of a Priority Development Area covering 106-hectares, spanning Kangaroo Point, parts of Brisbane, and Woolloongabba, where the Morrison resides. The policy aims to unlock more high-density development in the area around the under-construction Woolloongabba Cross River Rail Station.
Queensland is arguably ALH’s biggest market, with around a third of the portfolio, and the group has previously benefited already from renewal projects, such as its $30 million redevelopment of The Brook, and takeover at Manly Hotel, prior to $7 million works.
Brisbane’s Morrison is one of ten sites ALH has earmarked for DAs this year. In Sydney it hopes to build another 140-room hotel at the Forest Hotel in Frenchs Forest and rework the Castle Hill Tavern, and in Melbourne there are plans for the Doncaster Hotel, and more accommodation and apartments at the site of the Dan Murphy’s in Camberwell.
But kick-starting the initiatives, Endeavour group property director Matthew Toohey says the Morrison will be “next level” and they hope for completion in time for the 2032 Olympic Games.
“We understand there is considerable interest in the future of this iconic venue, and we are excited about the potential to enhance its offering for the local community and visitors alike.”
Kerala relaxes dry day rule.Three-star and above hotels can now serve alcohol on the first day of every month for weddings, conferences, and business events with a special permit
Representational Image | Canva
Thiruvananthapuram: In a significant relaxation of liquor rules, the Kerala government will now allow top-class hotels to serve alcohol on the first day of every month for approved events such as international conferences, corporate meetings, social functions, and wedding receptions.
This exemption applies to hotels rated three stars and above, as well as heritage, grand, classic and boutique hotels. The tourism department defines boutique hotels as small, upscale establishments that showcase local history and cultural themes.
To serve alcohol on the first day of the month, eligible hotels must obtain a one-day permit by applying to the Excise Commissioner. Applications must include details of the event and should be submitted at least seven days before the event. The special licence carries a fee of Rs 50,000.
The revised rules follow an earlier amendment to the state’s liquor policy, which had previously designated the first day of every English month as a dry day. That restriction has now been lifted specifically for the tourism and hospitality sectors. The new provisions have been notified by the liquor policy approved by the state cabinet on 9 April.
Officials clarified that this relaxation applies only to the first day of the month and only for permitted event-based exemptions. No special licences will be issued for other dry days declared by the government, even if they fall on the first.
The decision comes amid longstanding complaints from the tourism industry, which argued that monthly dry days were hurting Kerala’s competitiveness as a destination for international events, MICE (Meetings, Incentives, Conferences, Exhibitions) tourism, and high-end weddings.
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April 16: The Tata Motors Group has reported global wholesales, including Jaguar Land Rover, of 1,39,655 units in March 2012, higher by 26 percent over March 2011. Cumulative sales for the fiscal are 1,252,173, higher by 16 percent compared to the corresponding period in 2010-11.
Global sales of all commercial vehicles – Tata, Tata Daewoo and the Tata Hispano Carrocera range – were 63,791 units in March 2012, a growth of 12 percent. Cumulative sales for the fiscal are 599,927 units, an increase of 17 percent.
Global sales of all passenger vehicles were 75,864 units in March 2012, higher by 41 percent. Cumulative sales for the fiscal are 652,246 units, up 14 percent.
Global sales of Tata passenger vehicles and the distribution offtake in India of Fiat cars were 39,393 units for the month, higher by 32 percent over March 2011. Cumulative sales for the fiscal are 337,813 units, higher by 3 percent over March 2011.
Global sales of Jaguar Land Rover in March 2012 comprised 36,471 vehicles, higher by 51 percent over March 2011. Jaguar sales for the month were 5,343 units, higher by 42 percent, while Land Rover sales were 31,128 units, up 53 percent. Cumulative sales of Jaguar Land Rover for the fiscal were 314,433 units, higher by 29 percent. Cumulative sales of Jaguar were 54,039 units, higher by 2 percent, while cumulative sales of Land Rover were 260,394 units, higher by 37 percent.
Global retail sales in March 2012 were the highest monthly total ever for Jaguar Land Rover together and also the Land Rover brand individually.
NSEI:ITCHOTELS Earnings and Revenue Growth July 20th 2025
All figures shown in the chart above are for the trailing 12 month (TTM) period
ITC Hotels Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 7.4%. Earnings per share (EPS) also surpassed analyst estimates by 28%.
Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Hospitality industry in India.
While it’s very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We’ve done some analysis and you can see our take on ITC Hotels’ balance sheet.
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