Quest signs lease for Collingwood aparthotel

George Sell George Sell Uploaded 24 May 2021

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Australia: Quest Apartment Hotels has signed an 83-room aparthotel in the Melbourne suburb of Collingwood, with construction scheduled to start in July 2021.

The mixed-use commercial project by Melbourne residential developer Centreland Group will be 10 storeys high, eight of which will be occupied by Quest. The aparthotel will offer a studio, one-, two- and three-bedroom apartments, guest front of house, a conferencing facility for up to 80 people, business lounge and gymnasium.

There will also be an additional two levels of office space, a ground level café and two levels of basement parking within the build.

Quest’s general manager of growth and capital strategy, James Shields, said: “Collingwood is one of Yarra’s key employment precincts supporting over 84,000 jobs, and we believe there is a shortage of high-quality apartment-style hotel accommodation in the area to cater to current and future business travellers. We’re pleased to be working with Centreland Group and CHT Architects to deliver a purpose-fit solution for the corporate market’s long and short stay requirements."

Quest’s announcement follows that of parent company, The Ascott Limited, which in July last year revealed its plan to bring millennial-focused coliving brand lyf to Collingwood.

The 105-room coliving property will be situated at 42 Oxford Street within Urban’s C&L development.

Ascott Australia managing director David Mansfield said: “The population in the Collingwood precinct skews younger, so the lyf brand in all its vibrancy is perfectly geared to students, tourists and young professionals, while Quest has carved its name as one of the preferred brands among Australia’s corporate world and is ideally suited to extended stay, so each hotel will have its own unique character and guest experience on offer."

Quest Collingwood is scheduled to open November 2022, one of several Quest Apartment Hotels to open in the coming years.

“In Australia, Quest has nine agreements for lease signed totalling 715 rooms, primarily in regional and suburban areas with many due to construction set to commence this year. In addition, we have seven new hotels in New Zealand between now and June 2022 and will announce additional sites throughout the United Kingdom," said Shields.

 

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