Hong Kong hotelier Ovolo Group is pushing ahead with an overhaul of its hotel on Woolloomooloo’s heritage-listed Finger Wharf as it races to meet what analysts expect will be a surge in Sydney room rates next year.
Sydney’s hotel market has already pulled well ahead of other capital cities this year. Its performance is forecast to strengthen further in the coming months, spurring a wave of investment and upgrades from local and foreign hospitality operators.
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