Hyatt Hotels Corp has teamed up with developer PEC Portfolio Springvale Pty Ltd to introduce a new 200-room hotel to Melbourne.
Hyatt Place Melbourne Springvale is earmarked to open in 2020 and will become the second Hyatt Place hotel in Australia.
Located in the heart of the Monash Employment and Innovation Cluster, the hotel will form part of a mixed-used complex with co-working facilities and retail stores.
"We are delighted to expand the Hyatt Place brand in Melbourne, the second largest city Australia," said Asia Pacific group president David Udell, Hyatt Hotels Corporation.
"The hotel will mark the tenth Hyatt-branded hotel in Australia and it will be a great addition to Hyatt’s brand footprint in Melbourne, which includes Park Hyatt Melbourne, Grand Hyatt Melbourne, Hyatt Place Melbourne Essendon Fields, and a recently announced Hyatt Centric hotel in Melbourne."
Hyatt Place has a presence in more than 300 locations worldwide including China, India and Thailand.
"We are thrilled to collaborate with Hyatt to further cultivate the Monash Cluster into a top modern business destination and support the national economy. Hyatt Place Melbourne Springvale will provide thoughtful service, providing both business and leisure travellers with an optimal choice while visiting the city," said Martyn Barnes of PEC.
