SB&G Hotel Group has announced plans to develop a $50 million property alongside its existing Crowne Plaza Canberra, to be operated under the Holiday Inn Express brand.
The 250-room mid-market hotel will open in 2021 alongside Glebe Park, close to the Canberra Convention Centre.
“While the Canberra market has been strong over recent years, the majority of hotel supply that is planned is upscale, with the midscale market remaining under-serviced,” said SB&G md Paul Salter.
Source: traveldaily