first_imgAccorMGallerySofitelSydney AccorHotels has officially signed off on a new-build luxury boutique MGallery by Sofitel hotel for Sydney’s CBD – The Porter House Hotel, MGallery by Sofitel – in partnership with real estate developer Shanghai United. The $120m+ luxury 121-room hotel (on Levels 1-9), will be located on the corner block of 110-118 Bathurst and 203 Castlereagh Streets as part of a $380 million mixed-use development. “The Sydney hotel sector is the strongest in Australia with consistent occupancy levels in the mid-high 80% range and average rates growing sharply. This new MGallery by Sofitel hotel will stand to greatly benefit from the tourism and infrastructure boom we are currently seeing with projects such as the International Convention Centre and light raildevelopment,” said Simon McGrath, Chief Operating Officer Pacific for AccorHotels.Construction on The Porter House Hotel, MGallery by Sofitel will commence in early 2018 with completion expected in December 2020.Simon McGrath COO of Accor Hotels shakes hands with Mr. Xu of Shanghai United at the official signing ceremonylast_img