Mantra Group News | August 2017

$19 MILLION RETROFIT TO MEET CANBERRA’S HOTEL DEMAND

30 August 2017

A former office tower transformed into a 176-room hotel as part of the city’s vibrant urban renewal program will meet Canberra’s growing demand for hotel capacity. More

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MANTRA GROUP RESORTS ‘SIGN ON’ FOR REEF PRESERVATION

30 August 2017

Mantra Group’s North Queensland properties have signed on for the launch of Citizens of the Great Barrier Reef this week (31 August), actively joining in the quest to take reef preservation to the international stage. More

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Reef Preservation, Citizens of the Great Barrier Reef , MantraGroup

MANTRA GROUP ANNOUNCES RESULTS FOR THE YEAR ENDED 30 JUNE 2017

29 August 2017

Mantra Group Limited (Mantra Group) (ASX: MTR) today announced its FY2017 results for the period ended 30 June 2017[1] reporting underlying EBITDAI[2] of $101.2m in line with market guidance announced on 17 February 2017, up 12.7% on FY2016. Underlying NPAT of $47.2m was up $5.9m and 14.2% year-on-year. FY2017 statutory NPAT was $45.6m. Six properties were added to the network during the year and Mantra Hotel at Sydney Airport opened in July 2017. More

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MANTRA GROUP ANNOUNCE 2017 AWARDS FOR EXCELLENCE

11 August 2017

Mantra Group honoured its highest performers from its 128 properties at the annual Mantra Group Awards for Excellence ceremony held at Mantra on Salt Beach. More

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MANTRA GROUP ACQUIRES ART SERIES HOTEL GROUP

7 August 2017

Mantra Group today announced it has entered into an agreement with the Deague Group to acquire the Australian-owned Art Series Hotel Group for approximately $52.5 million (excluding transaction costs), subject to customary completion conditions. More

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Art Series Hotel Group aquisition, Mantra Group