Hotels In South Virginia Beach|"Luxury Hotels Will Light Up Sydney Skyline"

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Triggered by $10 billion investment in Darling Harbour and Barangaroo, at least three of the four will boast harbour views and five star ratings, as Sydney heads for hotel bed shortage which would limit it's ability to lure big business conference dollars.The latest - a $300 million "ethereal" design based on a maritime lighthouse will be built at Darling Harbour as part of a 20ha rebuild, which will also bring a new convention centre and exhibition centre.Across the water, a $148 million hotel expansion, adding an extra 231 rooms, is on the way with a 25 storey tower at Four Points by Sheraton.

In the city a $61 million 38 level hotel cantilevered over a heritage-listed Porter House could be set for Bathurst St, along with James Packer's proposal of a $1.5 billion hotel casino at Barangaroo. Planning documents said Sydney's four and five star hotels were filling up and could not meet demand. "At these occupancy levels any new convention business attracted to Sydney will have difficulty finding accommodation," Four Points planning proposal said. NSW deputy premier Andrew Stoner said the shortage of hotel beds concerned the government but the Darling Harbour hotel and forecasts of the convention, exhibition and entertainment could generate $200 million annually in economic benefit to the State.

"We were seriously concerned about the forecast shortage of hotel beds, that was in the order of 4000 within the next decade," he said. "We are pressing ahead with our plans to attract more conventions and other events to Darling Harbour. That was going to address the pressing need."

Mr Stoner said the Darling Harbour hotel was a landmark design, and the biggest hotel investment in the city since the Olympics. "It's going to be an internationally recognisable feature in the city of Sydney it's a big bold image," he said. "It adds to Sydney's attraction as a global city, you have to have these up-market and landmark developments, you can't just rely on the Opera House and the Bridge." The hotel and the convention centre at Darling Harbour will be built by 2016.

"We insisted that it had to have an international hotel, aimed at those convention delegates we are going to bring in a large numbers," Mr Stoner said. Sydney architect Richard Francis-Jones said the slender tower replaced the original twin tower proposal as a result of concerns of view loss and to form a gateway. "It frames the entrance into Darling Harbour," he said. Mr Francis-Jones said it was like a lighthouse maritime building "glowing from the top". " When we think of the maritime building of Darling Harbour, it rises up with and is crowned by a glowing top that will form an incredible landmark," he said. "It's a white glass building, crowned by a lantern top. We are going to make this a beautifully detailed building. It has a lacelike quality. It will become a very important landmark site."

Lendlease spokesman Gavin Bile said it was an upscale hotel with beautiful views. High land prices, high construction costs and increases in hotel operating costs, coupled with limited real increases in room rates, had resulted in reduced financial viability for new hotels, planning documents said. Four Points by Sheraton planning documents said $550 million redevelopment of the Sydney Convention Centre would significantly increase convention delegates. "A key factor in ensuring that the planned additional conventions are attracted to Sydney is the provision of adequate high quality accommodation," it said. "Organisers of large conferences, in particular, are likely to view the provision of a 1,000 room Four Points Sheraton pas a major advantage as the majority of the delegates can be accommodated in one location."