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Hotel sales to exceed $2b this year as tourism returns – Travel Weekly

The Aussie hotel market is set to boom this year as private investors look to snag a piece of Australia's reviving tourism and travel industry.

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Waldorf Astoria in Circular Quay, Sydney: Andrew, Nicola Forrest buy luxury hotel due to open 2026

The 25-storey, 220-room luxury hotel in Sydney s Circular Quay was acquired by the billionaire couple s firm Fiveight for more than $500million and is slated to open in 2026.

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