Press Release

Novotel Sydney International Airport Offered to Market

Sydney

May 7, 2026

Media Contact

Tina Liptai

Senior Communications Specialist, Australia

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The Novotel Sydney International Airport has been listed for sale in a rare opportunity for investors to acquire an institutional-grade hotel in Australia’s most tightly held and supply constrained market.

Strategically located at 22 Levey Street, Wolli Creek, approximately 1km from Sydney International Airport, the hotel occupies a prominent position within Sydney’s primary aviation, transport and logistics precinct.

The surrounding Wolli Creek precinct has rapidly evolved into a highly connected inner‑city hub, underpinned by substantial residential density, transport infrastructure and strong corporate, aviation and logistics demand drivers.

The hotel comprises 271 contemporary guest rooms, supported by a comprehensive range of amenities designed to service both business and leisure travellers. Facilities include The Marke Kitchen, The Marke Bar, a gym, outdoor swimming pool, crew lounge, 129 on‑site car parks and 11 flexible meeting and conference spaces, providing a compelling platform to capture a diverse mix of airport‑related corporate, group, and leisure demand.

CBRE’s Michael Simpson, Andrew Williams and Nick Hill have been exclusively appointed to manage the sale via an Expressions of Interest campaign.

Mr Simpson said the opportunity represents one of the most compelling hotel investments currently available in Australia.

“The Novotel Sydney International Airport is a true institutional‑grade asset, offering scale, flexibility and long‑term strategic positioning within Australia’s busiest airport precinct. The availability of vacant possession of management provides incoming investors with genuine optionality whether continuing with Accor, pursuing a rebranding strategy, engaging an alternative operator or adopting an owner‑operator model. Assets of this calibre, in this location, are exceptionally tightly held,” Mr Simpson added.

The hotel benefits from excellent connectivity, with immediate access to Wolli Creek and International Airport train stations, major arterial road networks including the M5, M8 WestConnex and Princes Highway, and rapid rail access to the Sydney CBD in approximately 15 minutes.

Mr Williams noted structural market fundamentals further underpin the investment case.

“Sydney continues to outperform as Australia’s premier hotel market, driven by recovering international visitation, strong corporate and MICE demand and limited new supply. The airport precinct is forecast to experience sustained growth, supported by Sydney Airport’s 2045 Masterplan, which projects a 75% increase in passenger volumes over the long term,” Mr Williams added.

About CBRE Group, Inc.
CBRE Group, Inc. (NYSE: CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm and a premier provider of critical infrastructure services. The company has more than 155,000 employees serving clients in more than 100 countries. CBRE serves clients through four business segments: Advisory (leasing, sales, debt origination, mortgage servicing, valuations); Building Operations & Experience (facilities management, property management, flex space & experience, critical infrastructure); Project Management (program management, project management, cost consulting); Real Estate Investments (investment management, development). Please visit our website at www.cbre.com.