George and Peter Atzemis' $90 million investment into Accor's latest Art Series hotel on Hay Street reflects a return in confidence for the once flagging hotel market.
Perth's hotel construction boom shows no sign of letting up, with Jaxon set to commence work this month on a 27-storey Mantra hotel that will be a stone's throw from three recently completed hospitality projects at the western end of the city.
Sydney-based hotel group StayWell Hospitality Group has confirmed it will bring its Park Regis brand to Western Australia after signing deal with developer Dradgin to be part of the former Ace Cinemas site in Subiaco.
Work is expected to start shortly on a new shopping centre at the old Station Street Markets in Subiaco, with construction contractor Doric appointed this week.
Two major projects considered vital to the revitalisation of Subiaco are closer to reality, with a 16-storey tower at the Pavilion Markets site to win planning approval and construction immin
Developer Sirona Capital's mooted $30 million, 73-room Quest apartment hotel in the west end of Fremantle is the latest in more than $100 million worth of short-stay accommodation projects being planned for the port city.
