SURFERS PARADISE, Australia--(BUSINESS WIRE)--Investment group Aquis Australia has unveiled plans for a new $AUD440 million luxury hotel on a prime beachfront position in the tourist mecca of Surfers Paradise, Queensland, Australia.
The 48-level complex will include 580 hotel rooms and suites as well as the Gold Coast’s premier dining and entertainment facilities. A Development Application has been lodged with local authorities.
It is the only new, large-scale hotel currently planned for south–east Queensland and comes as the Gold Coast records its highest ever levels of tourist visitation.
Aquis Australia Chairman and highly-regarded Hong Kong investment banker Tony Fung said the property would be the first truly six-star beachfront hotel in Australia and target ‘super luxe’ travellers from around the world.
“Our goal was to create a hotel that would become a destination in itself, something that is instantly recognisable and synonymous with luxury,” he said. “The fact we have been able to secure this incredible site on the beachfront for the project will only enhance its attraction to domestic and international visitors.”
“We have been very vocal in our belief that the Gold Coast has the potential to expand into exciting new markets and attract a new generation of luxury traveller if it can provide accommodation and facilities that match and exceed anything else the world has to offer.”
Gold Coast Mayor Tom Tate welcomed Aquis Australia’s investment.
“As part of our plan to revitalise investment throughout the city, Council is committed to making the necessary decisions to revive the Gold Coast’s ‘have a go’ spirit and economic prosperity,” Cr Tate said.
“The best days of our city are still ahead… now is the perfect time to take a second look at the Gold Coast and invest your time and energy in our city.”
The project, which has been designed by leading international architects Woods Bagot, includes a total of 580 rooms with a mix of luxury hotel rooms, suites, two-bedroom suites, deluxe, super-deluxe suites and large penthouse suites.
The ground floor lobby atrium will be spread over three levels and include a spectacular $2.5 million custom art installation. Entertainment will include five world-class restaurants from the world’s top chefs.
Pending final approvals the project is expected to start construction in 2018.
For more information visit www.aquisaustralia.com.