Owned by Century Group Aus, the new-build hotel is scheduled to open in 2022 in the mixed-use precinct Flinders Bank on the corner of Spencer and Flinders Streets.
St. Regis Hotels & Resorts has signed for The St. Regis Melbourne, marking the first hotel in Australia for the luxury brand.
Owned by Century Group Aus, the new-build hotel is scheduled to open in 2022 in the mixed-use precinct Flinders Bank on the corner of Spencer and Flinders Streets.
Connie Wu, executive director of Century Group Aus, said she was confident the hotel would become “an architectural benchmark in the region and the jewel in the crown at Flinders Bank”.
The 33-storey Flinders Bank will house the St. Regis Melbourne across levels 2 to 11 and include 168 guestrooms and suites offering views of the Yarra River or city skyline.
“This signing is an indication of the investment community's confidence in the Australian hotel market, where we are seeing a growing demand for premium lodgings,” said Richard Crawford, senior director, hotel development, Australia, New Zealand and the Pacific at Marriott International.
“The St. Regis Melbourne will be an outstanding addition to our strong and growing footprint in the region, where we are on track to boast the largest portfolio of upper upscale and luxury hotels and resorts, with two-thirds of the new supply pipeline.”