Choice Hotels Asia Pacific has announced the acquisition of four new-build properties across Australia and New Zealand, adding a total of 431 rooms to the group’s portfolio in the next three years.
Most significant will be the 214-room INGOT Hotel Perth, an Ascend Hotel Collection Member, which will become Choice Hotels’ largest property in Australia.
Also in the pipeline will be the Quality Hotel Flemington, located close to Flemington Racecourse and comprising 100 rooms, and the Quality Hotel Lakeside Bendigo, located on the Lake Weeroona Park, featuring 80 rooms, a restaurant and conference space.
In New Zealand, the Clarion Suites Christchurch will add a further 42 rooms.
Choice Hotels Asia-Pac CEO, Trent Fraser, said: “Our goal for 2018 is to see significant growth in our portfolio size and it’s great to start the year with a series of new build announcements. Our development team also has a significant pipeline of other opportunities across the Asia Pacific that they are pursuing, putting us on target for another successful year.
“Total construction investment from our franchisee partners across these four new build projects alone is estimated to be in excess of AU$100 million which shows confidence in the local economy, as well as creating jobs through construction and ongoing operation of each property.”
Choice Hotels has also announced a partnership with Careeland Hotels, which will see the addition of three new properties in China, including The Quality Hotel CRCC, Chengdu, opening in May 2018; The Quality Hotel Shanghai / Pudong Airport, opening in May 2018; and The Quality Hotel Hangzhou, opening in 2020.