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NOVOTEL & IBIS DARLING HARBOUR SYDNEY PORTFOLIO - #1
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For Sale

Expressions of Interest closing 25th Oct 2021 Sydney
Colliers and CBRE Hotels are proud to exclusively present for sale a landmark portfolio offering in the heart of Sydney – Novotel and ibis, Darling Harbour.

Key Investment Highlights:
- Ideally placed to capitalise on Sydney’s premier entertainment and tourism precinct.
- The combined total of 781 rooms spread across two adjacent upscale and midscale hotels ensures diversification.
- Sydney is Australia’s strongest performing city hotel market with excellent long-term fundamentals.
- Consistent outperformance of competitors and enviable profit margins, borne from the efficient operating platform.
- Novotel recently underwent an extensive renovation ($12+ million) encompassing rooms and re-conceptualising the hotels F&B experience.
- The potential to re-brand ibis to capture an increased level of Corporate & MICE market, and to unlock further F&B options in Novotel.
- Novotel site provides substantial development potential.

The Novotel & ibis Darling Harbour Sydney Portfolio is being offered for sale via Expressions of Interest, closing Monday, 25 October 2021 5:00pm (AEDT).

Please contact the selling agents listed below.

Gus Moors
+61 404 005 066
Gus.Moors@colliers.com

Nigel Greenaway
+61 431 288 677
Nigel.Greenaway@colliers.com

Guillaume Volz
+61 404 887 717
Guillaume.Volz@colliers.com