PROPERTY group Roxy-Pacific Holdings has signed a management deal with Park Hotel Group to open Park Hotel Melbourne in 2022, it said in a bourse filing on Wednesday afternoon.
The 23-storey newly-built hotel will contain 319 guest rooms and suites, and five function rooms that can combine into a ballroom to accommodate meetings and events for 20 to 200 people. Other amenities include a lobby lounge, a concept restaurant, a bar with alfresco terrace seating and a fitness centre.
The hotel - on Little Bourke Street - is designed by Melbourne-based architectural and interior design firm Bates Smarts, and will draw inspiration from the street and its neighbourhood. The hotel façade will reflect the old red brick warehouses and architecture in the surrounding precinct, while the interior will draw inspiration from Kirk’s Bazaar, a horse and livery trading centre in the mid-1800s within the vicinity. The hotel is also near shopping places such as Emporium Melbourne and Bourke Street Mall.
Roxy-Pacific Holdings shares last closed at S$0.40 apiece, up 1 Singapore cent as of 2.26pm on Wednesday.
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