Accor has signed a management agreement for a new luxury hotel near Sydney Airport.
The new Pullman Sydney Airport will form part of a new AU$100 million (US$85m) mixed-use development in the Mascot area of the city.
“The Sydney hotel market has been considerably constrained over the last two years with occupancies idling between 80-90%, hence the urgency for new inventory to service the high corporate and leisure demand in the city,” said Accor Pacific’s chief operating officer, Simon McGrath.
“Pullman Sydney Airport will not only add 229 rooms to Sydney’s bourgeoning tourism economy but it will be the first internationally-branded five-star hotel serving the international airport precinct.”
Facilities at the 229-room Pullman Sydney Airport will include a restaurant and bar, an executive lounge, conference space and a gymnasium. The surrounding complex will also feature extensive office and retail facilities.
Pullman Sydney Airport is scheduled to open in May 2016, when it will join the existing network of 13 Pullman hotels and resorts across Australia.