The famous hotel brand Accor will invest 90 million dollars in Perth. Together with this investment, the Art Series brand will expand in Avsutralya.

The expanding hotel brand in Perth wants to open a hotel with 250 rooms in the area. The current building will be developed by real estate investor George Atzemis. The building was used in 1922 by Musgroves Music, a historic musical instrument shop.

The asset is expected to open in October. This hotel will be the Art Series Hotel located in Australia. The hotel has a restaurant with terrace, bar and lounge, ground floor cafe, swimming pool, gym and event room.

AccorHotels Pacific chief operating officer Simon McGrath said the move to gain a presence in WA represents the group’s strategy to grow the Art Series brand.

“This announcement reflects the continued expansion and evolution of Australia’s only boutique hotel brand creating art-inspired experiences for guests,” he said.

Mr McGrath added that the hotel will make an economic contribution to Perth by supporting the local tourism industry and create new jobs.

Mr Atzemis said the new Art Series hotel will be a “significant addition to the Perth city landscape”.

Source: commercialrealestate.com.au

Sevdenur Demir / sevdenurdemir@realestatecoulisse.com

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