• Taj sells in Sydney
The Indian Hotels Company has sold its Taj hotel in Sydney to Hong Kong buyer Hind Hotels, for AUD32m. The sale will help the group fund further expansion, with Asia Pacific and China key targets. 

Taj acquired the Sydney property, run under its BLUE brand, in 2006. The company says it remains committed to the Australian market, the fifth largest country market in its portfolio with a valuable outbound business travel clientele. 
 
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