Accor buys management of 48 Mirvac hotels in Australasia

In the biggest Australasian hotel move of the decade, Accor has entered into contracts to acquire Mirvac Group’s hotel management business and a 21.9 per cent stake in the company’s Mirvac Wholesale Hotel Fund for AUD$255 million.

The Sebel to wave goodbye

When the Mirvac Group first announced the sale of its hotel portfolio a couple of months ago, international hotel chains started circling. And as the potential owners started to be revealed, it was quite clear that soon enough, Australia was going to lose

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