Launceston's Clarion Hotel acquired for $7.2 million by Singaporean developers

Holly Monery
Updated September 20 2017 - 6:01pm, first published November 9 2016 - 5:00pm
HOTEL SALE: The Clarion Hotel City Park Grand is the subject of a $7.2 million sale and purchase agreement entered into by a subsidiary of Singaporean developers Global Premium Hotels, the parent company of Fragrance Hotels. Picture: Neil Richardson
HOTEL SALE: The Clarion Hotel City Park Grand is the subject of a $7.2 million sale and purchase agreement entered into by a subsidiary of Singaporean developers Global Premium Hotels, the parent company of Fragrance Hotels. Picture: Neil Richardson

A sale and purchase agreement worth $7.2 million has been entered into by GP Hotel Launceston for the site of the Clarion Hotel City Park Grand.

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Holly Monery

Holly Monery

Journalist

Holly Monery is a journalist for The Examiner newspaper, based in Launceston, Tasmania. Her main area of focus is local government.

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