New Luxury Hotel in Sydney's Darling Harbour to Be a Sofitel

The Schwartz Family Co. is purchasing a 600-room Sofitel hotel project from developer Lend Lease, to be built in Sydney, Australia's Darling Harbour. Ground is expected to be broken on the property by the end of this year, with the opening scheduled for the second quarter of 2017. The luxury hotel will feature a rooftop club lounge, meeting rooms, a ballroom and an outdoor pool deck, as well as bars and restaurants with views of Darling Harbour.