Langham Hospitality Group has secured its first flag in Sydney with the acquisition of The Observatory Hotel, Sydney which is scheduled to become part of the Langham group on 8 August 2012.

Located near Sydney's historical Rocks district and the Central Business District, the hotel is the ideal luxury base from which to conduct business and to explore the city.

The hotel is nestled near the vibrant harbour and the world-famous Sydney Harbour Bridge and Sydney Opera House, close to the bustling heart of the city with its finest selection of shops, museums, galleries and restaurants.

"Strategically, this purchase signals the group's plans for long-term expansion in the Pacific region. "said Brett Butcher, Chief Executive Officer of Langham Hospitality Group.

"The Observatory Hotel's Georgian architecture reminiscent of a grand 19th century Australian home fits perfectly with the timeless Langham brand - a legendary heritage that stretches back to 1865, offering classic elegance and luxurious service. We are thrilled to bring Langham into Sydney and we are well placed to continue to position this hotel at the top of the market. "Brett Butcher continued.