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Two Hiltons are Sold In Australia

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Published on 30/09/11 - Updated on 17/03/22

Quilington Pte Ltd fund purchased two Hilton hotels in Queenstown for around $200 million

The newly constructed properties are the Queenstown Hilton Hotel and Kawarau Hotel at Kelvin Heights. The Singapore investment fund purchased them from Royal Bank of Scotland in addition to 75 residential apartments.The Hilton chain will continue to run the property’s 178-room five-star and 98-room four-star hotels, as stated in the long-term management agreement.The Hilton chain will continue to run the property’s 178-room five-star and 98-room four-star hotels, as stated in the long-term management agreement.

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