, 1er journal des professionnels du tourisme francophone, 1e, 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 :

Lu 536 fois

Dans la même rubrique :
< >

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

Scheherazade KACIMI Scheherazade KACIMI
+33 4 91 58 58 27
+33 6 76 50 55 75

Last News

TourMaG Travel Media Group Légal Utiles
La Travel Tech
Signaler un contenu illicite
Plan du site
La presse en parle

Tourmag Travel Media Group
Le groupe TourMaG Travel Media Group publie également :
Businesstrips, application mobile pour les voyageurs d'affaires;, 1er portail de brochures électroniques de voyages;, 1er portail Destination Management Companies et, créateur d'émotions. La Travel Tech BusinessTrips