Hyatt, IHG jostle for space in Melbourne

At least five new hotels will open in Melbourne over the next few years, among them two Hyatt Hotels and three from InterContinental Hotels Group (IHG).

Firstly, Hyatt has entered into into a management agreement with PEC Portfolio Springvale for a 200-key Hyatt Place hotel. The hotel will form part of a mixed-used complex, which will also include co-working facilities and retail stores.

Hyatt Place Melbourne Springvale will be located at the intersection of Springvale and Dandenong Roads in the heart of the Monash Employment and Innovation Cluster, which is home to a number of academic institutions, businesses and medical facilities. It will become the second Hyatt Place hotel in Australia upon its expected opening in 2020.

Over in Melbourne’s CBD, a Hyatt Centric is also expected to open in 2020 on Downie Street, a management agreement with developer Little Projects.

Hyatt Centric Melbourne will feature 280 guestrooms and suites, a restaurant, and rooftop bar offering views of Melbourne’s Yarra River and Southbank. Located close to Melbourne Convention & Exhibition Center and the Crown Entertainment Complex, this will mark the second Hyatt Centric-brand hotel in Australia.

Also upcoming in the CBD in 2022 will be a dual-branded Hotel Indigo and Holiday Inn. The property will front onto Bourke Street Mall on one side and Little Collins St on the other.

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