FOUR POINTS OPENING SHOWS CONFIDENCE IN LEISURE MARKET

FOUR POINTS OPENING SHOWS CONFIDENCE IN LEISURE MARKET

STARWOOD Hotels and Resorts Worldwide is on track for another bumper year of growth, following the opening of Four Points by Sheraton in Brisbane.

It’s the first globally recognised, new-build property to open in the city in more than a decade, joining hotels in Sydney, Perth and Geelong.

Regional vice president Pacific Sean Hunt says they are excited to bring the brand to one of Australia’s most “economically vibrant cities”.

“Brisbane is a leading choice among business and leisure travellers and the new Four Points is ideally positioned to cater to these different markets with a range of signature offerings and stylish accommodation,” he says.

Lord Mayor Graham Quirk (pictured centre) says it shows confidence in the city’s tourism industry and property market.

“It’s always a good sign for Brisbane’s economy when major international brands set up shop and serve as a drawcard for interstate and international tourists.

“It’s great to have Starwood back in our city after more than a decade.”

Local company Noel Robinson Architects designed the 32-storey tower, featuring 246 rooms.

Starwood plans to expand all of its nine brands globally and aims to open 60 hotels in Europe by 2020.

Get our daily business news

Sign up to our free email news updates.

 
Finexia’s Childcare Income Fund secures ‘very strong’ rating from Foresight Analytics & Ratings
Partner Content
Private credit specialist Finexia Financial Group (ASX: FNX) has secured a “very...
Finexia
Advertisement

Related Stories

Billionaire pubs baron Mathieson boosts holding in The Star back to nearly 10pc

Billionaire pubs baron Mathieson boosts holding in The Star back to nearly 10pc

Pubs baron Bruce Mathieson has taken advantage of a slump in The St...

Don’t understand predictive algorithms? Xplainable bridges the “how and why” gap of machine learning

Don’t understand predictive algorithms? Xplainable bridges the “how and why” gap of machine learning

"There is so much hype around AI. Let's just focus on...

IHG teams with Felix Capital for four-star Holiday Inn at Caloundra

IHG teams with Felix Capital for four-star Holiday Inn at Caloundra

IHG Hotels & Resorts has partnered with Sydney-based Felix Capi...

Construction and hospitality dominate insolvencies amid 36pc spike in administrator appointments

Construction and hospitality dominate insolvencies amid 36pc spike in administrator appointments

Whilst barely a fortnight goes by when a well-known Australian comp...