April 17, 2020
Gold Coast Bulletin: Coronavirus: Dorsett Hotel tower on track to open in 2022
The operator of The Star Gold Coast has revealed construction of the $400 million Dorsett Hotel tower remains within budget and on track to open in 2022 despite the group hurting from the COVID-19 shutdown.
Star Group yesterday said it was executing a $200 million debt funding facility as it seeks to strengthen the company’s liquidity. Investors strongly approved, sending Star shares up 9.4 per cent to close at $2.56.