Hyatt Place Melbourne Springvale
Hyatt Announces Plans for Hyatt Place Melbourne Springvale
Hyatt announced today that a Hyatt affiliate has entered into a management agreement with PEC Portfolio Springvale Pty Ltd for a 200-key Hyatt Place hotel in Melbourne, Australia.
Photo by Hyatt
The Hyatt Place brand is rooted in extensive consumer insights indicating that guests seek stylish, comfortable, seamless experiences that accommodate their lifestyles and familiar routines. To embody this, the brand offers casual hospitality and purposeful service in a smartly designed, high-tech and contemporary environment.
"We are delighted to expand the Hyatt Place brand in Melbourne, the second largest city Australia," said Asia Pacific Group President David Udell, Hyatt Hotels Corporation. "The hotel will mark the tenth Hyatt-branded hotel in Australia and it will be a great addition to Hyatt"s brand footprint in Melbourne, which includes Park Hyatt Melbourne, Grand Hyatt Melbourne, Hyatt Place Melbourne Essendon Fields, and a recently announced Hyatt Centric hotel in Melbourne."
Hyatt Place Melbourne Springvale will boast a prominent location 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. Hyatt Place Melbourne Springvale will become the second Hyatt Place hotel in Australia upon its expected opening in 2020.
The hotel will be developed by PE Capital, one of the leading boutique investment management firms in Australia, and will form part of a mixed-used complex, which will also include co-working facilities and retail stores.