Correct, Accor has bought 48 hotels from Mirvac for $255 million or so, deal closing June 30, 2012. Accor is acquiring management of the Sydney Marriott (by Hyde Park) and the North Ryde Courtyard, but not the Harbour Marriott. Rebranding as Accor is a given, and Pullman is likely given that they already have a nice Sofitel in Sydney. However these Marriotts were never luxury