“This is a sad day for Australian tourism,” Tourism & Transport Chief Executive Margy Osmond said today following the news that the plans for a new luxury hotel and apartment tower at the Star has been rejected by the Independent Planning Commission.

“After four long years and millions of dollars invested on extensive consultation with the government, the community and stakeholders, for an unelected planning body to arrive at a decision like this is simply short-sighted” Ms Osmond said.

“The city is crying for out for more hotel accommodation and we can’t get enough luxury beds built.

“Today’s decision by the Independent Planning Commission sends a message to local and international investors that Sydney, the Gateway to Australia is closed for business.”