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BLUE, WOOLLOOMOOLOO BAY, SYDNEY
- TAJ HOTELS RESORTS AND PALACES CHECKS INTO SYDNEY
Sydney, Wednesday February 1, 2006: For immediate release
The Indian Hotels Company Limited (IHCL), which owns and operates Taj
Hotels Resorts and Palaces' , this morning officially opened and
launched its newest acquisition BLUE, Woolloomooloo Bay, Sydney. Taj
Hotels Resorts and Palaces operate 73 hotels in India and international
destinations across the globe. The 100 room, five-year old hotel
property, located on The Finger Wharf at Woolloomooloo Bay, Sydney, was
formerly traded as the W. The hotel is amongst the top hotels in Sydney
and is Taj Hotels Resorts and Palaces' first foray into Australia.
Mr. Michael Shannon, General Manager unfurled the hotel's flag today to
reveal the property's new name: BLUE, Woolloomooloo Bay, Sydney, a
fitting name for a hotel situated not just on but in Sydney Harbour.
Taj Hotels Resorts and Palaces will bring to the property the modern
luxury and warm hospitality and distinctive service for which it is
legendary.
"We are delighted to make our debut in Australia with this
wonderful hotel, located in the up-market business district of Sydney.
This acquisition is consistent with our strategic initiatives to pursue
rapid growth in key international destinations. The entry of Taj Hotels
Resorts and Palaces into Australia is significant as it
represents one of the fastest growing markets of international arrivals
into India. Sydney is now becoming a major travel hub for
Australasia and is slated to grow significantly in the next few years.
The acquisition of this hotel is yet another step towards establishing
a significant presence for the Taj Hotels Resorts and
Palaces brand across the globe", said Mr. Raymond Bickson,
Managing Director & CEO, The Indian Hotels Company Limited, which
operates Taj Hotels Resorts and Palaces.
The acquisition price for the BLUE Woolloomooloo Bay, Sydney hotel was
AUD $36 million. The group made another important announcement in July
2005, by assuming management rights of the legendary Pierre hotel in
New York, reflecting the Indian hotel group's strategic intent of
becoming a global force.
With a legacy dating back to the launch of its landmark hotel, the Taj
Mahal Palace & Tower in 1903, the Taj Hotels Resorts and Palaces
across the world have become destinations in themselves, offering
distinctive service and unrivalled luxury.
Situated at The Finger Wharf at Woolloomooloo in Sydney, BLUE
Woolloomooloo Bay, Sydney is a boutique hotel in the heart of one of
Sydney's famous and luxurious marina, restaurant and apartment complex.
Its location is unbeatable, a contemporary urban renewal of an historic
wharf structure, within walking distance of the Central Business and
Shopping Districts, the Sydney Opera House and adjacent to the Royal
Botanical Gardens. It has a well-established reputation of blending the
intimacy of a boutique hotel with the facilities and reliability of a
top-end business hotel. Providing an upscale experience, the
hotel offers 100 guest rooms with stylish interiors, popular
restaurants, state-of-the-art fitness facilities, Spa services and a
full-service Business Centre. Voted amongst the ‘Top 3 Best Hotels for
location in Australasia & South Pacific' in the Condé Nast Traveler
Gold List 2006, BLUE also houses the much acclaimed Water Bar. It
was named "One of the Top 5 Bars in the World" by wallpaper magazine in
2004 and "One of the Top 10 Bars in the World" in 2003 by Condé Nast
Traveler.
Under its new ownership, BLUE Woolloomooloo Bay, Sydney is now listed
as a member of The Leading Small Hotels of the World™ and bookings may
be made direct with the hotel or through The Leading Hotels of The
World™ online and telephone booking service. Call 00 61 2 9331 9000 for
the hotel or call the toll free number within Australia (effective 20th
Feb 2006) - 1 800 WOW TAJ
About Taj Hotels Resorts and Palaces
Established in 1903, Taj Hotels Resorts and Palaces is one of Asia's
largest and finest group of hotels, comprising 56 hotels in 39
locations across India with an additional 18 international hotels in
the Maldives, Mauritius, Malaysia, Seychelles, Australia, UK, USA,
Bhutan, Sri Lanka, Africa and the Middle East. From
world-renowned landmarks to modern business hotels, idyllic beach
resorts to authentic Rajput palaces, each Taj hotel offers an
unrivalled fusion of warm Indian hospitality, world-class service and
modern luxury. The Taj, a symbol of Indian hospitality, has
recently completed the centenary of its landmark hotel, The Taj Mahal
Palace and Tower, Mumbai. Taj Hotels Resorts and Palaces is part
of the Tata Group, India's premier business house.
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