Luxury resort approved by U.S. Congress
Hornby's proposed 1,000-room hotel could include a luxury suite, restaurant, pool and spa, said David Bohn, a resort consultant with consulting firm Dune Partners.
Some analysts said an investor group led by real estate investment trust Fidelity who were behind plans to buy luxury hotels at the time that failed would also have a stake in a proposed Luxury Resort.
Hornby said he doesn't want to get involved with the talks, but he would be happy if he could buy out the hotel's property for some cash in a future sale.
The Luxury Resort is designed by London-based Herzog + de Meuron, which also designed the Marriott Marquis hotel on the Atlantic waterfront and the JW Marriott Downtown Resort and hotel. It's about 1,000 square feet.
JW Marriott, meanwhile, is a U.S. subsidiary of American International Group, which operates the New York Hilton, American Airlines and other properties. The luxury resort site also has a potential hotel by Trump Hotels of Los Angeles.
Hornby and IHG already jointly own a stake in IHG's Westin Hotels & Resorts and is seeking a buyer to buy out the resort's 4.5-acre (2,000-hectare) property, which would become the centerpiece of the new hotel.
Abattoir yet to run at full capacity because of fire damage from the fire near their headquarters and because they fear for their safety.
The blaze spread across a 200 sq km swath of bushland which spans the northern and eastern halves of New South Wales.
Residents of the town said they heard a loud explosion at about 7.15pm on Thursday.
Topics: disasters-and-accidents, state-parliament, New South Wales, nsw, vic
Type: Open dag
Adres: Taiping, 124154, Taiping