HVS Asia Pacific Hospitality Newsletter - Week Ending 19 February 2021
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Pro-Invest Group ( Pro-Invest ), announced
Greenland, over the acquisition of
Sydney s Primus Hotel. Situated within Sydney s central business district, the
172-key hotel would be the firm s
first property in the luxury sector and would feature a lobby bar, restaurants, conference spaces, rooftop swimming pool and a gymnasium. This acquisition adds to Pro-invest s hotel pipeline, where
five other hotels are scheduled to open in the next two years. This includes the new Holiday Inn Express Hotels in Melbourne, Parramatta and Auckland, and the management of voco Brisbane City Centre and Hotel Indigo Brisbane City Centre. Once completed, Pro-invest s hotel portfolio would consist of over 3,000 rooms across Australia and New Zealand. Existing hotels within the portfolio include Holiday Inn Express hotels at Sydney Airport, Newcastle, Brisbane and Macquar