The agreement with Suleman Group marks their first foray into hotel investment

Courtyard by Marriott, part of Marriott International (NASDAQ: MAR), announced the signing of agreements with Suleman Group for two new hotel developments coming to Melbourne’s outer suburbs. The hotels are expected to open in December 2023 and December 2024. With domestic business travel now on the cards, your executive might want to test out the latest accomodation around the country.

Located within 25km of the city, Mulgrave (south) and Truganina (west) are both rapidly expanding metropolitan centres that possess a broad range of growing demand drivers for visitor accommodation.  

Offering smart and easy amenities and services, Courtyard by Marriott hotels enable ambitious travellers to succeed through an environment that inspires creativity and fosters connections.

“Despite the challenges faced by our industry, 2020 has been a record year of hotel signings for Marriott International in the Australia Pacific region, demonstrating investor’s confidence in the hotel industry’s prospects of success beyond this year,” said Richard Crawford, Senior Director of Hotel Development for Marriott International.

“We know that our guest profile will change, and we are already seeing the rewards of pivoting our focus to local markets.  Our new Mulgrave and Truganina hotels will benefit from these efforts as they both exist within localized commercial ecosystems and will have a reliance on intrastate and interstate guests.”

A classic moderately-priced option for business and leisure travellers, the two new hotels from the property development arm of Suleman Group, will be the first for the Courtyard by Marriott brand outside of the Victorian capital, with Marriott’s first Courtyard hotel due to open in West Melbourne next year.

Courtyard by Marriott Melbourne, Mulgrave will comprise a total 212 guest rooms (a mix of studio, king and dual keys options), an all-day dining restaurant, lobby lounge, ‘grab and go’ café and fitness centre with sauna and steam rooms for guests to unwind. On the doorstep to Monash University and with convenient transport connections, the hotel will also feature 510sqm of flexible conference meeting space.

Courtyard by Marriott Melbourne, Truganina will comprise 141 guest rooms, an all-day dining restaurant, lobby lounge, ‘grab and go’ café and rooftop bar. Close to a major distribution hub, the hotel will also feature a fitness centre and 331sqm of flexible meeting space.

“The signing of Courtyard by Marriott hotels in Mulgrave and Truganina reflects Marriott International’s commitment to expand our footprint into growth corridors outside of Australian capital cities,” added Sean Hunt, Area Vice President, Marriott International.

“Sharing similar values of attaining the highest standards in hospitality, Marriott International is proud to play a strategic role in Suleman Group’s vision of expanding its property portfolio in the hospitality industry.”