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Mantra Group signs new-build, 158-room hotel in Albury

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Mantra Group has revealed it has executed an agreement to operate Albury’s newest hotel development under a hotel management agreement.

Proposed to trade as Mantra Albury Hotel once open in early 2018, the full-service hotel will offer 158 guest rooms, a restaurant and bar, executive lounge, gymnasium, large conference and meetings facilities, and basement car parking in the heart of Albury’s CBD in the Riverina district of New South Wales.

Mantra Group Chief Executive Officer, Bob East, said the Group is thrilled to bring the international Mantra brand to Albury.

“Strategically located at the midpoint between Sydney and Melbourne on the Hume Highway, Albury is a key regional commercial and tourism hub with established and varied accommodation drivers, well supported by a large regional airport and an impressive major events calendar which attracts significant visitation to the city,” he said.

“We’re confident the property will provide a market-leading hotel offering, well positioned to become the region’s premier corporate, meetings and leisure hotel.

“The hotel will complement our extensive portfolio of regional, coastal and CBD properties across Australia, New Zealand, Indonesia and Hawaii, and this latest announcement reinforces the strong momentum in our growth strategy and highlights our ability to convert our pipeline,” East said.

AlburyCity Mayor, Cr Henk van de Ven, said Albury is absolutely thrilled to be welcoming a Mantra hotel to the city.

“We look forward to collaborating with Mantra Group, local businesses and our existing tourism partners to continue to achieve solid growth in overnight visitation and the visitor economy,” Cr van de Ven said.

Located 550km from Sydney, 340km from Canberra and 330km from Melbourne, Albury is an established transit point for travellers and a busy commercial centre for the surrounding border region with a vibrant economy driven by a range of commercial, military, government, agriculture, healthcare and education institutions.

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