China’s Sunshine Insurance Group has purchased a second Australian tourism property, in the Hunter Valley in New South Wales, following its acquisition of Sydney’s Sheraton on the Park hotel last November.
Critics and musicians have long complained about its shoddy acoustics, but the Sydney Opera House may sound a whole lot better under a Baird government plan to bring the ageing building into the 21st century.
The Australian Weaker Australian dollar a boon for tourism The Australian The dollar should, therefore, continue to bolster inbound tourism and accommodation. Cheaper aviation fuel is also making it more attractive for travel.
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