Taj Hotels Resorts and Palaces Checks Into Sydney
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Taj Hotels Resorts and Palaces Checks Into Sydney
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Category: Asia Pacific
This is a press release selected by our editorial committee and published online for free on 2006-02-03
The Indian Hotels Company Limited (IHCL), which owns and operates Taj Hotels Resorts and Palaces’ , this morning officially opened and launched its newest acquisition BLUE, Woolloomooloo Bay, Sydney. Taj Hotels Resorts and Palaces operate 73 hotels in India and international destinations across the globe. The 100 room, five-year old hotel property, located on The Finger Wharf at Woolloomooloo Bay, Sydney, was formerly traded as the W. The hotel is amongst the top hotels in Sydney and is Taj Hotels Resorts and Palaces’ first foray into Australia.
Mr. Michael Shannon, General Manager unfurled the hotel’s flag today to reveal the property’s new name: BLUE, Woolloomooloo Bay, Sydney, a fitting name for a hotel situated not just on but in Sydney Harbour. Taj Hotels Resorts and Palaces will bring to the property the modern luxury and warm hospitality and distinctive service for which it is legendary.
“We are delighted to make our debut in Australia with this wonderful hotel, located in the up-market business district of Sydney. This acquisition is consistent with our strategic initiatives to pursue rapid growth in key international destinations. The entry of Taj Hotels Resorts and Palaces into Australia is significant as it represents one of the fastest growing markets of international arrivals into India. Sydney is now becoming a major travel hub for Australasia and is slated to grow significantly in the next few years. The acquisition of this hotel is yet another step towards establishing a significant presence for the Taj Hotels Resorts and Palaces brand across the globe”, said Mr. Raymond Bickson, Managing Director & CEO, The Indian Hotels Company Limited, which operates Taj Hotels Resorts and Palaces.
The acquisition price for the BLUE Woolloomooloo Bay, Sydney hotel was AUD $36 million. The group made another important announcement in July 2005, by assuming management rights of the legendary Pierre hotel in New York, reflecting the Indian hotel group’s strategic intent of becoming a global force.
With a legacy dating back to the launch of its landmark hotel, the Taj Mahal Palace & Tower in 1903, the Taj Hotels Resorts and Palaces across the world have become destinations in themselves, offering distinctive service and unrivalled luxury.
Situated at The Finger Wharf at Woolloomooloo in Sydney, BLUE Woolloomooloo Bay, Sydney is a boutique hotel in the heart of one of Sydney’s famous and luxurious marina, restaurant and apartment complex. Its location is unbeatable, a contemporary urban renewal of an historic wharf structure, within walking distance of the Central Business and Shopping Districts, the Sydney Opera House and adjacent to the Royal Botanical Gardens. It has a well-established reputation of blending the intimacy of a boutique hotel with the facilities and reliability of a top-end business hotel. Providing an upscale experience, the hotel offers 100 guest rooms with stylish interiors, popular restaurants, state-of-the-art fitness facilities, Spa services and a full-service Business Centre. Voted amongst the ‘Top 3 Best Hotels for location in Australasia & South Pacific’ in the Condé Nast Traveler Gold List 2006, BLUE also houses the much acclaimed Water Bar. It was named “One of the Top 5 Bars in the World” by wallpaper magazine in 2004 and “One of the Top 10 Bars in the World” in 2003 by Condé Nast Traveler.
Under its new ownership, BLUE Woolloomooloo Bay, Sydney is now listed as a member of The Leading Small Hotels of the World™ and bookings may be made direct with the hotel or through The Leading Hotels of The World™ online and telephone booking service.
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