THE company formerly behind The Brisbane Hotel has been placed under voluntary administration, leaving in its wake debts worth hundreds of thousands of dollars.
Prominent hospitality operator Geoff Hayward cited high rents and a soft economy for entertainment venues on the Brisbanes trading losses for Capital Management over the past two years.
Poor trading for the Highgate venue came on the back of an exorbitant refurbishment, rumoured to cost millions of dollars that transformed the once tired corner pub into one of Perths most popular venues.
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Following voluntary administration of Capital Management, the hotel is now owned and operated by Brisba…
Read the full article at: https://www.perthnow.com.au/lifestyle/drink/the-brisbane-hotel-former-owners-capital-management-under-voluntary-administration-ng-b88914722z