YTL Corporation acquires The Westin Perth for over $200m
The Westin Perth has been sold for over $200 million by Perth-based developer and construction group BGC.
The buyer is Malaysia’s YTL Corporation under its hotel division, Starhill Hotel (Perth) and Starhill Hotel Operator (Perth).
The newly built five-star Westin hotel features 368-rooms, signature restaurant ‘Garum’ by chef Guy Grossi, and 1700sqm of conference and meeting space.
The Westin sale follows the recent sale of Aloft Perth to Singaporean group Hiap Hoe for over $100 million by the same group.
Marriott International will continue to manage both the Westin and the Aloft.
Sheridan Randall, 30th January 2019
