Major Assets
Pullman, Novotel, Ibis and Formule1 Sydney Olympic Park
Novotel and Ibis Darling Harbour and Ibis King Street Wharf
Novotel Langley Perth, Novotel Canberra and Novotel St Kilda
Ibis Sydney Airport and Mercure Melbourne
FORMULE 1
12 Formule 1 throughout the Australian eastern seaboard
ALL SEASONS
8 All Seasons located in Western Australia, Northern Territory and Queensland
NEW ZEALAND
8 Novotel and Ibis located Auckland Wellington, Rotorua, Christchurch and Queenstown
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Australia’s largest hotel owner, Tourism Asset Holdings limited, has refinanced more than $700 million of debt.
TAHL chief executive Matt Eady said investor confidence was returning to the hotel market and had helped the group’s restructure. Mr Eady said there was no requirement for the unlisted group to raise additional equity from existing shareholders or externally.
