YTL Corp snaps up The Westin Perth for over A$200m, one of biggest hotel sales in Perth!
- Financial Review
Malaysia's YTL Corporation has snapped up The Westin Perth for over $200 million, one of the biggest hotel sales in the West Australian capital. YTL Corp's hospitality division, YTL Hotels, owns and manages a prestigious collection of award-wining resorts, hotels, boutique experiences and Spa Villages with a hospitality footprint across Malaysia, Thailand, Indonesia, China, Japan, Australia, France and the United Kingdom.
The portfolio encompasses the ownership management of Marriott properties in Sydney, Brisbane, Melbourne and Kuala Lumpur, The Ritz-Carlton, Koh Samui and the first Ritz-Carlton Reserve in Japan, as well as properties under the brand’s prestigious Autograph Collection banner. With each new experience that it presents, the company strives to embrace and highlight the natural essence of culture, character and tradition of its surroundings....