DARWIN's Novotel Atrium Hotel, at 100 The Esplanade on Darwin Harbour, has sold to private investors the Halikos Group for $24 million.

The 140-room, 4.5 star hotel was offloaded by Tourism Property Investment Group, and was sold with a 17-year management agreement to Accor, according to selling agents Colliers International.

Halikos Group managing director Shane Dignan said the purchase was "in line with a strategy to refresh the group's property portfolio and seek prudent investments in the Northern Territory."

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