$Maarten Voogd is the Co-Founder of Simonis Voogd Yacht Design, the company responsible for designing the S\V14 Two-Person Dinghy which has been especially created to allow disabled people to sail themselves for the first time.$

ANA Concludes Contract to Sell ANA Harbour Grand Hotel Sydney

Search TravelNewsAsia.com

8 August 2002

All Nippon Airways (ANA) today announced that its holding company, ANA Holding Pty Ltd has concluded a contract to sell the ANA Harbour Grand Hotel Sydney (Lilyvale Hotel Pty Ltd) to GIC Real Estate Pte Ltd (GIC RE) the real estate investment company of GIC (Government of Singapore Investment Corporation Pte Ltd) for AUD 206.5 million.

"This transaction follows on the heels of the sale of the ANA Grand Hotel Wien and is in line with the ANA Group's corporate strategy of focusing resources on core operations," said Yoji Ohashi, ANA's president and CEO. "This completes the sale of our last fully-owned overseas hotel and proceeds will be utilized to increase free cash flow and reduce interest-bearing debt."

As a provision of the contract, the property will continue to bear the ANA brand and remain a member of ANA Hotels under a license agreement that includes a sales function through a referral system.

With 524 flights a day serving 34 cities in Japan and 328 flights a week to 20 international destinations, ANA is the most popular airline in Asia as measured by number of passengers enplaned. Renowned for its attentive service, ANA constantly strives to bring the best in air transport. ANA is a member of Star Alliance, the first truly global airline alliance.

Subscribe to our Travel Industry News RSS Feed . To do that in Outlook, right-click the RSS Feeds folder, select Add a New RSS Feed, enter the URL of our RSS Feed which is: https://www.travelnewsasia.com/travelnews.xml and click Add. The feed can also be used to add the headlines to your website or channel via a customisable applet. Have questions? Please read our Travel News FAQ. Thank you.

Mandarin Oriental Opens Special Hotel in Beijing, China
AirAsia to Launch Penang - Shenzhen and Kota Kinabalu - Shantou Flights
Boeing Forecasts Passenger and Cargo Needs of China's Aviation Industry
Air Corsica Takes Delivery of ATR's 1,700th Turboprop Aircraft
Minor Hotels to Open Anantara Resort Ubud Bali in October
Uruguayan Air Force to Add A-29 Super Tucano Aircraft to Fleet
Air Astana to Increase Flights to Phuket, Thailand; Signs Codeshare Deal with JAL
Hong Kong Airlines to Resume Long-Haul Flights with Seasonal Gold Coast Service
IHG Signs Two Hotels in Quang Binh, Vietnam
Marriott Opens Moxy Hotel in Mumbai, India
Torsten Richter Returns to Minor Hotels as AGM of Indonesia and Malaysia
Minor Set to Open World's Third NH Resort in Maldives
Asiana Airlines and Air Serbia Appoint APG as GSA
IndiGo to Launch New Delhi - Vijayawada Flights
Hong Kong Airport Reports Strong Increases in Cargo and Passenger Traffic
Delta Begins Rollout of Free Wi-Fi on Long-Haul International Routes
Thai AirAsia X to Resume Flights Between Bangkok and Sydney, Australia
Marriott Partners Sonder to Add Over 9,000 Rooms to Portfolio
IHG Opens Hotel Indigo in Bandung, Indonesia
IndiGo Enhances Operations with Aviobook, an Electronic Flight Folder from Thales
Boeing Invests in Wagner SAF Refinery in Brisbane, Australia
Aeroflot to Resume Flights Between Yekaterinburg and Bangkok, Phuket and Goa
Air Astana Takes Delivery of 56th Aircraft; Confirms Plan to Launch Phu Quoc Flights
Seibu Prince Rebrands Hotel in Singapore
airBaltic Appoints APG as GSA in Egypt
Korean Air and Delta Air Lines Partner Habitat for Humanity to Make a Difference in Cheonan
Air New Zealand, Garuda, Qantas and Singapore Airlines Begin UPR Trials on 38 Routes
Thai AirAsia Reports Q2 and H1 2024 Results; Confirms Full-Year Targets
EL AL Israel Airlines Finalises Deal for 31 Aircraft
Cebu Pacific to Launch Davao - Hong Kong and Iloilo - Singapore Flights
Poland to Become Largest Operator of Apache Combat Helicopters Outside of USA
Singha Estate Partners Ascott for Rebranding of Two Hotels in the United Kingdom
IndiGo to Launch Coimbatore - Singapore Flights; Increase Frequency of Select Services
Parveen Kumar Joins Grand Hyatt Jakarta as General Manager
Azerai Appoints Jimmy Tran as Group Director of Sales & Marketing
South Korea to Strengthen Airborne Surveillance and Reconnaissance Capabilities
AirAsia to Launch Flights from Kuala Lumpur to Port Blair in Andaman and Nicobar Islands
Virgin Australia to Replace Fokker 100s with Embraer E190-E2 Aircraft
Cross Adds Two Hotels in Bangkok, Thailand to Portfolio
airBaltic Exercises Options on 10 Airbus A220-300 Aircraft
Etihad to Increase Thailand Flights; Resume A380 Service to Singapore
Dusit Signs Hotel and Condo on Rama 3 Road in Bangkok, Thailand
Cape and Kantary Hotels to Expand Portfolio with Serviced Suites in Korat, Thailand
Thai Airways Reports Q2 and H1 2024 Results
China Airlines Extends Cargo Handling Contract with FCS
Goldfinch Becomes First Piloted Electric Aircraft to Fly at NASA's Langley Research Center
Rosewood Signs Luxury 33-Suite Resort in Exuma, Bahamas
British Airways Expands Codeshare with Bangkok Airways
Aeroflot Unveils Most Popular International Destinations in H1 2024
Marriott Executive Apartments Open on Sukhumvit Soi 49 in Bangkok, Thailand
Uday Rao Appointed RVP and GM of Four Seasons Hotel Tokyo at Otemachi in Japan
Cebu Pacific to Resume International Flights and Increase Domestic Services from Davao
CapitaLand Ascott Trust Secures OCBC 1.5Â°C Loan
Sabre Hospitality Enhances SynXis Booking Engine with Trip Protection Services
Cathay Pacific Orders 30 Airbus A330-900 Aircraft
Haytham Said Appointed GM of Four Seasons Hotel Miami
Hong Kong Airport Launches World's First Smartphone Express Bag Drop Service
Marriott Signs W Hotel in Hangzhou, China
IndiGo Selects Recaro's R2 and R5 Seats for New A321neo Aircraft
Scoot to Take Delivery of Jalan-Jalan and Travel Kaki E190-E2s in September and October
Ali Mohammed Appointed Regional Vice President and GM of Four Seasons Resort Orlando
Marriott Opens Fourth Executive Apartments Property in Bangkok, Thailand
AirAsia X to Resume Kuala Lumpur - Chongqing Flights
Norse Operates Non-Stop Charter Flight from Oslo to Darwin, Australia
Wyndham Reports Record H1 Growth in Asia Pacific
LOT Polish Airlines Takes Delivery of First Embraer E195-E2
Vietnam Airlines Takes Delivery of Fifth Boeing 787-10 Aircraft
Marriott Expands Executive Apartments Brand to Penang, Malaysia
AirAsia Group Expands Fleet with Four Airbus A321neo Aircraft
IATA Reports Latest Airline Passenger Traffic Data
China Airlines Signs SAF-Related MOU with Morrison Express
Fairfield by Marriott Hotel Opens in Terengganu, Malaysia
IATA Reports Latest Global Air Cargo Data
Marriott Opens Fifth Autograph Collection Hotel in Japan
Matthew Smith to Succeed Monique Arnoux as CEO of Destination Asia
American Airlines Renews Subscription to Prism
IndiGo to Increase Domestic Connectivity from Hyderabad and Ahmedabad
Shanghai Pudong Airport Installs 52 Kiosks and 14 Self-Service Bag Drops from SITA
Hong Kong Airport Handled 4.3 Million Passengers and 29,590 Flight Movements in June
Croatia Airlines Takes Delivery of First Airbus A220
Ryanair to Implement Boeing's Jeppesen FliteDeck Pro 5.0 EFB
Asia Pacific Airlines Carried 28.9 Million International Passengers in June
Singapore Changi Airport Reports Q2 2024 Traffic
Cat Wu Returns to Singapore as Executive Director of Revenue for Two Hotels
Langham Appoints Jack Xiao as Senior Vice President of Operations - China
NATO Selects Sikorsky X2 Rotorcraft for Integrated Platform Concept Study
Malaysia Airlines Expands Retailing Strategy with NDC Content on Travelport
Air Tahiti Orders Four ATR 72-600 Aircraft
AirAsia Airlines Implement Flight Tracking and Monitoring Solution from SITA
One Air to Expand Fleet with Third Boeing 747-400 Freighter
FCM Travel Expands Cytric Distribution Agreement with Amadeus
Cathay Pacific Expands 1 Ticket, 1 Tree Initiative to Include Cargo
Japan Airlines Confirms Order for 20 Airbus A350-900s and 11 A321neos
Embraer E190 Freighter Receives ANAC Type Certification
Libya's Berniq Airways Orders Six A320neo Family Aircraft
Qatar Airways Adds 20 Boeing 777-9s to Order Book
Accor Signs Raffles Hotel in Tokyo, Japan
Thai AirAsia to Launch Bangkok - Hyderabad and Phuket - Siem Reap Flights
Courtyard by Marriott Hotel Opens in Sapporo, Japan
Qatar Airways Unveils Qsuite Next Gen at Farnborough Airshow 2024
British Airways Increases Number of Funded Places in Speedbird Pilot Academy
Mandarin Oriental Signs Hotel and Residences in Bali, Indonesia
Minor Hotels Signs Dual-Branded Property in Yining, China
Korean Air Takes Delivery of First Boeing 787-10 Dreamliner
Two Senior Promotions at IHG Asia Pacific
Miss International Queen 2024 (MIQ 2024) - Interview with Alisa Phanthusak, MD, Tiffany's Show Pattaya, Thailand