The best business deals are when all parties walk away happy, and with that in mind I suspect Peter V'Landys would have approached the HBG with implied threats in one hand and a sweetener in the other. The ARLC already owns hotels, and is building it's asset base, so the parties have common ground for a cozy little relationship right there. Of course so too does Laundy, so there are alternative options, but I can't see V'Landys handing a business opportunity like this over to a third party. Something may be brewing in the background that leaves the HBG saving face and doing very well out of the arrangement. Wests Tigers Ashfield has a nice ring to it!