Simply known as “the Conti” by locals, this iconic hotel is set to have a new, luxurious lease on life once it gets a bit of a tzsuj.

CTC members are cheering about this new deal, as it means they can now just wander upstairs and pass out at after enjoying a few too many whiskeys at the Silks Bar.

The hotel giant’s regional VP of development has been run off his feet lately by all the property openings, so much so that the soles of his shoes are now in need of repair.

It got plenty of unwanted attention during the COVID-19 pandemic, and now the Melbourne hotel has a new owner and a new name picked out.