Westin to Launch the Brand in Adelaide, Australia
Date: July 2018
Location: Victoria Square, Adelaide, Australia
Name: Westin Adelaide – opening 2022
No. of Keys: 285
Seller: The city’s historic GPO building, from the Adelaide government.
Developer: China-backed Greaton Group, who will develop the 15 storey block.
Back in 2016, it was reported that the project was to be designed by Adelaide based firm Hassell, in conjunction with Fitzpatrick & Partners, and the proposed Precinct GPO, upon completion, will have two towers of 20 and 15 storeys, designed to respect the heritage-listed Telephone Exchange and GPO buildings. The precinct will also include about 3000sq m of retail space.
The world’s largest hotel chain Marriott International has signed an agreement with developer Greaton Group to open a Westin hotel and resort in South Australia as part of the redevelopment of the Adelaide General Post Office.
The hotel will be housed in a 15-level tower with views of the skyline and Victoria Square. Greaton is building the tower on King William and Flinders St.
Marriott International area vice president Sean Hunt says expanding the Westin brand into Adelaide is important strategically as the city is enjoying strong growth and development.
“Visitor numbers are at a record high and are on track to increase by 5.1% in the next 10 years, as people seek out the beautiful beaches, world-renowned wineries and beautiful scenery South Australia is famed for,” he says.
Marriott International senior director of development Richard Crawford says the group is delighted to collaborate with its longstanding partner, Greaton, to expand into SA.
Marriott says it will have 50 hotels open in this region by 2020. Westin Hotels are open in Sydney, Melbourne and Perth and are on track to open in Brisbane, Darwin, and Coolum on the Sunshine Coast.
Greaton chief Nicho Teng says he is certain the rising number of tourists will welcome the hotel when it opens in 2022.
Price: AUS$200m
Price per Key: AUS$701,754
THPT Comment: Westin is expanding strongly in Australia, with pipeline sites in Brisbane, Darwin and Coolum on the Sunshine Coast. Greaton are behind the Darling Harbour, Sydney development with The W Hotel Sydney,
First Seen: Real Commercial Australia