TourMaG.com, 1er journal des professionnels du tourisme francophone
TourMaG.com, 1e

Travel in France





Accor sells its stake in Reef Casino in Australia for AU$85m



As part of its asset management strategy, Accor announces the sale of its participation in the Reef Casino in Australia.


Rédigé par La Rédaction le Lundi 24 Février 2014

This participation includes a 29% stake in Reef Casino Trust (RCT), a listed entity, as well as its 50% stake in the related businesses of RCT, i.e. Casinos Austria Cairns, and Reef Corporate Service. Total proceeds for Accor will amount to AU$85m (c. €55.5m).

Reef Casino is a complex located in Cairns (Northern Queensland, Australia), that includes a 128 room Hotel, and a Casino with over 500 gaming machines.

The buyer is Aquis, a Hong-Kong based Investment Company. The agreement is submitted to 90% acceptance for the IPO of RCT, and to regulatory approvals.

Website : www.accorhotels.com


Lu 492 fois
Notez

Dans la même rubrique :
< >

Vendredi 3 Mars 2017 - 15:00 French Riviera : star gazing at Col de Vence



PUBLICITÉ
Scheherazade KACIMI Scheherazade KACIMI
commercial@tourmag.com
+33 4 91 58 58 27
+33 6 76 50 55 75








Last News







 

The TourMaG.com group publish also Brochuresenligne.com, 1st website of electronical travel brochures; DMCmag.com, 1st website of Destination Management Companies and TourMaGEVENTS, the schedule tourism events.

TourMaG.com Legal Usefull
Emploi
Groupes / CE
La Travel Tech
Travel in France
Brochuresenligne.com
DMCmag.com TourMaGEVENTS.com
Indicate an illicit contents
Site map
Contact
Advertisement
The press speaks about it