Investors Eye Sheraton Grand Mirage as The Star Group Seeks to Cash In

Despite facing numerous troubles, the operator has reported a rush of inquiries since the hotel was placed on the market

Business News Australia reported that the Sheraton Grand Mirage Resort, a property owned by The Star Entertainment Group, has been put up for sale, with an asking price of around AUD200 million ($132.7 million). The move is seen as a cash grab by The Star, which bought the resort in 2017 for AUD140 million ($92.9 million).
 
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