You are here:  Home  >  News  >  Latest News  >  Current Article

Meriton becomes largest owner of Australian hotel rooms

By   /  October 6, 2016  /  No Comments

Meriton Serviced Apartments has reached a new milestone, becoming the largest owner of hotel rooms in Australia.

    Print       Email

Meriton overtakes Abu Dhabi Investment Authority as largest hotel room owner in Australia

Photo: Meriton’s Como Crescent, Gold Coast

Photo: Meriton’s Como Crescent, Gold Coast

The achievement was secured with the opening of 254 new suites at Church Street, Parramatta, taking the Meriton portfolio to 4403 suites in Sydney, Brisbane and the Gold Coast.

The company has overtaken the Abu Dhabi Investment Authority (ADIA), which bought the Tourism Asset Holdings portfolio in 2013 and has a collection of 4096 hotel rooms.

Meriton is set to widen its lead over ADIA with a new all-suite apartment hotel set to open in North Sydney in a few weeks, which will bring its portfolio up to 4621 suites.


    Print       Email
  • Published: 12 months ago on October 6, 2016
  • By:
  • Last Modified: October 6, 2016 @ 11:23 am
  • Filed Under: Latest News

About the author

Notice: WP_Query was called with an argument that is deprecated since version 3.1.0! caller_get_posts is deprecated. Use ignore_sticky_posts instead. in /websites/ci/cimmagazine.com/wp-includes/functions.php on line 4023

You might also like...

Canberra Convention Bureau appoints new interim chair

Read More →