Hilton Melbourne Square — Photo by Hilton

Hilton (NYSE: HLT) today announced the signing of Hilton Melbourne Square. Hilton Melbourne Square will be a major meetings and events hotel and will join the recent signing of Hilton Melbourne Little Queen Street, reinforcing Hilton's push to strengthen its presence in the Melbourne market.

Hilton will manage the 600-room hotel under a management agreement with Yarra Park City, the joint venture company between OSK Property and EPF, and is slated to open in early 2023, with construction to commence 2020.

Located in the centre of Melbourne's Southbank precinct, on the corner of Power and Kavanagh Streets, the new-build hotel is part of a $2.8 billion mixed-use development comprising of residential, commercial, speciality retail and 3,700 square meters of open space parkland.

Hilton Melbourne Square is ideally located in close proximity to the Melbourne Convention and Exhibition Centre and Melbourne Arts Centre. The hotel is also a short walk across the river to the Docklands precinct, Southern Cross Station and Melbourne's central business and shopping districts.

Comprised of 600 spacious rooms, including 28 suites and one presidential suite, Hilton Melbourne Square will feature an executive lounge, four food and beverage outlets, including a rooftop bar and an all-day dining restaurant, a fitness centre, an indoor pool and extensive meetings and events spaces totalling over 2,800 square meters, including a 1,140-square-meter ballroom and a 840-square-meter junior ballroom.

Hotel website