Mantra secures new hotel in Australian capital

Mantra Canberra Hotel will open in late 2016
Mantra Canberra Hotel will open in late 2016

Mantra Group has secured the lease of a new hotel in Australia’s capital city, Canberra.

Scheduled to open in late 2016, Mantra Canberra Hotel will mark a conversion of an existing 10-storey office tower in the city. Following a renovation, this property will be transformed into a 176-room hotel, including a series of two-bedroom suites. Hotel facilities will include a restaurant and bar, conference rooms and gym.

“The key appeal of this opportunity was a gain a high quality new foothold in Canberra where we currently only operate 300 rooms across three hotels,” said Michael Moret-Lalli, Mantra’s director of acquisitions.

“The capital benefits from a growing annual events calendar and continues to show improved performance across both the leisure and corporate travel market with room for a quality, well located hotel such as Mantra Canberra.”

Mantra currently operates its Peppers, Mantra and BreakFree hotel brands in Canberra.

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