• Starwood markets Sydney Sheraton

Starwood Hotels & Resorts has appointed JLL to market the Sheraton on the Park in Sydney.

The company plans to continue operating the hotel under a long-term management agreement. Craig Collins, CEO of JLL’s Hotels & Hospitality Group Australasia, said: “The Sydney hotel market continues to be a focus of investors globally and we are anticipating very strong investor interest in this asset, particularly because of its trophy status, freehold title and exceptional trading profile”.

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