Park Hyatt Melbourne for Sale

[serfty]

Park Hyatt Melbourne to hit the block as Chinese check out

Fu Wah International Group is expected to offload one of the country’s best-known luxury hotels as the Victorian capital faces a tough outlook.

www.realcommercial.com.au

While Melbourne has welcomed more hotel openings and developments of late, one foreign investor is expected to offload one of the city’s key luxury accommodation offerings.

The Beijing-based Fu Wah International Group will place the 245-room Park Hyatt Melbourne hotel on the market, according to sources, and the landmark listing is expected to fetch as much as $120m. ...