Overview
- Hotel101 Global signed definitive agreements to develop a roughly 766-room property at 540 Flinders in Melbourne’s central business district.
- The company says the hotel would be the largest in Melbourne by room count once completed.
- The development is designed for the MICE and business-travel market, with multiple meeting spaces and a dedicated conference center.
- Planned amenities include 24/7 reception, all-day dining, a pool, a gym, a business center, a rooftop bar, parking and other facilities.
- Hotel101 projects about AU$323.6 million in sales upon full sale, with completion expected by 2029 and key details still subject to regulatory approvals.