SYDNEY Ritz-Carlton has given up management of the Ritz-Carlton Double Bay in Sydney. Stamford Hotels and Resorts, the hotel subsidiary of Singapore-based Hai Sun Hup, will be appointed operator of the hotel effective October 9, 2000 and the hotel will be rebranded Stamford Plaza Double Bay.
Ritz-Carlton was also replaced as operator by Stamford at the Ritz-Carlton Sydney (now the Sir Stamford at Circular Quay) soon after the hotel was bought by Stamford in February of this year. (9/21/00)
SOURCE: The Financial Review