The Sheraton Mirage‘s new owners, Pearls Australasia are making good on their plans to restore the restore the resort to its former glory.  The first stage of this process will involve full refurbishment of all 296 rooms in the 24-year old hotel.  The process will take place over the next three years and paves the way for as-yet-undisclosed future stages in what Pearls founder and chairman Nirmal Singh Bhanghoo has called a “dramatic overhaul”.

Pearls bought the Christopher Skase-developed property from Raptis Group recievers last year for $62.5m.

Tags: business, gold coast, Main Beach, news, nirmal singh bhanghoo, pearls australasia, refurbishment, sheraton, sheraton mirage

This entry was posted on Tuesday, May 17th, 2011 at 11:46 am and is filed under Future Development, Main Beach, Pearls Australasia, Raptis Group, Sheraton Mirage Resort. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.