THE QT brand is set to enter South Australia with Event Hospitality & Entertainment Limited (EVENT) inking a management agreement for a QT hotel in Adelaide.
Located at 62 Currie St in the city’s CBD, the $180m development will incorporate 200 guest rooms, food and bar offerings and extensive conference and events facilities, promised to be “unlike anything seen before in Adelaide”.
The project follows a joint venture between property development and investment group Axiom Properties Limited with the site’s owner Auspac Networks Pty Ltd in Jun 2017.
EVENT CEO Jane Hastings said South Australia was “a key Australian market that has been a missing piece of our portfolio”.
“Our new partnership with Auspac Networks Pty Ltd and Axiom Properties Limited will ensure a QT experience that will be a transformative project for the city of Adelaide,” she said.
QT’s SA foray will be Adelaide’s first lifestyle hotel, and the 11th QT hotel in the group.
The property (render above) will also have 10 levels of office space designed for “a new generation of employers and employees”.
Construction is likely to commence by the end of 2019 following securing of sufficient pre-commitments for the office component and funding.
Source: traveldaily