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An eastern Sydney hotel which has attracted a series of high-profile guests over the past thirty years has sold for $180million.
The Intercontinental Hotel Double Bay, which was known as the Ritz Carlton in the 1990s, hosted Princess Diana in 1996 before INXS frontman Michael Hutchence was found dead in room 524 the following year.
Throughout the same decade, the popular guest house entertained celebrities like Madonna, Sir Elton John and Bill Clinton, and was the site where former Australian Prime Minister Bob Hawke married his longtime lover Blanche d Alpuget in 1995.
The Intercontinental Hotel Double Bay (pictured) has sold for $180million to a Melbourne apartment developer