You are here

Chinese insurer buys Sydney's Hyde Park Sheraton for A$463m

Sydney

STARWOOD Hotels & Resorts Worldwide has sold its Sheraton hotel in Sydney to China's Sunshine Insurance Group for A$463 million (S$523 million).

Starwood will continue to manage the five-star hotel, overlooking Sydney's Hyde Park, under its current brand, the Stamford,

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom