AccorHotels sells French Polynesia resort portfolio to Grey Investment Group
The portfolio, which comprises the Sofitel Bora Bora Marara Beach Resort, Sofitel Bora Bora Private Island and Sofitel Moorea Ia Ora Beach Resort will continue to be managed by AccorHotels under long term management agreements.
Justin Hemmes adds the Tennyson Hotel to his empire
Merivale chain owner, Justin Hemmes has bought the Tennyson Hotel in Mascot, for $37.05 million through Ray White Hotels Asia-Pacific director, Andrew Jolliffe.
$250 million Westin luxury hotel will go ahead in Darwin
The hotel will be developed on waterfront land comprising part of the former Toga site, recently returned to Government after 18 months of negotiation.