IHG have announced repositioning of a number of Australian properties:

Intercontinental The Rialto Melbourne will become Regent Melbourne in 2030
Crowne Plaza Coogee Beach will become Intercontinental Sydney Coogee Beach later this year
Crowne Plaza Canberra’s site to be redeveloped and will eventually house Intercontinental Canberra and Hotel Indigo Canberra
Crowne Plaza Melbourne will become Intercontinental Melbourne

https://www.ihgplc.com/en/news-and-m...f-major-luxury