Sydney Hilton and Westin for sale.

[drron]

The chinese appear likely to buy the Hilton-
HOTELSMag.com

Chinese investment group Bright Ruby has won preferred buyer status and, according to multiple sources, is set to purchase the Hilton Hotel Sydney for more than A$450 million (US$351 million or US$600,000 per key). While still not confirmed, the price could set a record for an Australian hotel, topping Chinese insurer Sunshine Insurance Group A$463 million (US$361 million) buy of Sydney’s Sheraton on the Park in 2014.

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"SINGAPORE’S GIC Private is selling the Westin Sydney on Martin Place, with hopes international interest could push the value of the hotel past $400 million."

 

[boomy]

I wish the new owners will knock down some walls and create decent size rooms