Australia’s largest hotel operator, Accor, has announced that they will be part of a new mixed-use hotel, commercial and retail precinct to be developed in Mascot, near Sydney Airport.
Accor has signed a management agreement with Goodman to manage a 5-star hotel to be badged Pullman Sydney Airport as part of a new A$100 million development project that will encompass office and retail facilities. Pullman is the largest network of upscale hotels in the Asia Pacific, with more than 45 hotels across the region and counting.
Accor Pacific Chief Operating Officer, Simon McGrath, said Accor is an airport hotel specialist at a time when airports are no longer delivering transport alone. "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. Pullman Sydney Airport will not only add 229 rooms to Sydney’s bourgeoning tourism economy but it will be the first internationally branded 5-star hotel serving the international airport precinct," he said.
Goodman’s General Manager Australia, Jason Little, said: “The new mixed-use precinct provides the highest and best use for this prominent South Sydney site and complements the Development Act (DA) approved future development of two commercial office buildings, totalling 34,350 sq m, together with ground floor retail space.”
Pullman Sydney Airport will include conference facilities as well as an Executive Lounge, a quiet space for guests to do business or relax.
Construction of the hotel development on O’Riordan Street, Mascot started in November and the Pullman Sydney Airport is expected to open in May 2016.