Tuesday, November 4, 2014

Another bid -- this time the Pullman Cairns International Hotel

Tony Fung the developer of the slowly fading Aquis Casino Resort has put a bid in to purchase the Pullman Cairns International Hotel which is directly behind the Reef Casino Hotel and I have put a walkway in to give an idea how guest would access the Reef Casino.


Walkway from Pullman Cairns International hotel to the Reef Casino
 


JLL Hotels and Hospitality Group investment sales managing director Mark Durran said there had been strong interest from within Australia and overseas.
“The interest is from various parties, including a number of groups from Australia, China, Hong Kong, Singapore and Japan,’’ he said.
“The level of investment interest in Cairns has been very pleasing, as has been indicated by the campaign for the Pullman Cairns International Hotel and other marketing campaigns.’’
Mr Durran said that next week a shortlist would be drawn up, with a sale expected before Christmas.
As stated before purchase the Reef Hotel Casino and upgrade it and if successful with the Pullman Cairns International Hotel bid you have both buildings and saving yourself billions of dollars.
 


The Pullman Cairns International Hotel.  (front view)

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