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Mantra Group News




NEW HOTEL OPENINGS

MANTRA GROUP OPENS 844 ROOM HOTEL

Mantra Group has opened its largest hotel yet, with the rebranding of the 844-room Bell City in Preston, Melbourne. The dual hotel towers, which form part of the mixed-used development recently purchased by Elanor Investors Group, opened as Mantra Bell City (383 rooms) and BreakFree Bell City (461 rooms) on 14 January, 2015.

Recognised as the leading hotel and events precinct in Melbourne's north, Bell City is located 11 kilometres from Melbourne's CBD. The property boasts a large range of accommodation options, extensive food and beverage outlets, first class recreational facilities and a choice of 15 conference spaces, including a vast ballroom catering for up to 500 guests.  As a large-scale mixed-use development, Bell City is also home to numerous retail and commercial tenancies, serviced offices, and a 600 space car park.

The consistently high-performing greater Melbourne hotel market, combined with Bell City’s unique market drivers, presented Mantra Group with a landmark opportunity to capitalise on the company’s existing portfolio of eight Melbourne hotels.  Bell City is the fourth hotel management agreement signed between Mantra Group and the publicly listed Elanor Investors Group, joining Peppers Cradle Mountain Lodge, Mantra Wollongong, and BreakFree on Clarence, Sydney in the shared portfolio.

MANTRA MIDTOWN MARKS GROUP’S 50TH QLD HOTEL

The opening of Mantra Midtown Apartments in Brisbane last October marked Mantra Group’s 50th hotel in Queensland, firmly establishing the Group as the largest accommodation provider in the State, with over 8,000 rooms across its Peppers, Mantra and BreakFree brands.

The 143 room, full-service apartment hotel, located on Charlotte Street in Brisbane’s CBD, operated as an independent property from 2012, before being rebranded to Mantra following Mantra Group’s acquisition of the long term management rights business.

The 28 storey property offers contemporary 4½ star studio and apartment accommodation, swimming pool and barbecue area, boardroom, and the 127 Bar & Bistro.  Due to its facilities and central CBD location, the hotel is popular with corporate and leisure guests alike and has been ranked as high as number 2 of 101 Brisbane hotels on TripAdvisor.

Mantra Group’s Brisbane network now totals seven properties, having added five hotels in the Brisbane CBD in the last twelve months.  This expansion is a reflection the company’s long term confidence in the Brisbane market, which has a sound future demand outlook.

RICHMONT HOTEL by MANTRA

The Lord Mayor of Brisbane, Cr Graham Quirk, has officially launched Richmont Hotel by Mantra. A joint initiative by Mantra Group and Brisbane Marketing, the event served to publicly announce Richmont Holdings’ plans to develop a 110-room, 4 star hotel on Kennigo Street in Brisbane’s Spring Hill. 

The development is the first Australian project for the Malaysian based developers, and will be Mantra Group’s eighth Brisbane hotel. Richmont Hotel by Mantra is scheduled for completion in December 2015 and will creatively combine the conversion of an existing heritage building with the construction of a modern, five-level hotel tower.

In response to Brisbane City Council’s strategy to creatively activate the city’s urban streetscapes, Richmont Hotel by Mantra will feature a ‘walk up’ food and beverage outlet with dual frontages to provide convenient service to pedestrians and hotel guests. Other facilities will include a restaurant and bar, internal landscaped courtyard, gymnasium, and a 58-space basement car park.

Richmont Holdings will retain ownership of the property and the hotel will be operated by Mantra Group under a long term Hotel Management Agreement.

MANTRA GROUP JOINS CHRISTCHURCH REBUILD

The continuing renaissance of Christchurch is set for further rejuvenation with Mantra Group announcing it will manage the revived development of the former Hotel SO when it reopens in April 2015 as BreakFree on Cashel, Christchurch.

An extensive refurbishment of the hotel has been underway since new owners – the Auckland based Russell Group – purchased the site in January 2014.  The property was originally constructed in 1987 as a commercial office building and two decades later was retrofitted to become the city’s first “pod hotel”, before closing after the 2011 earthquakes.

The hotel is ideally positioned within two blocks of many of Christchurch’s new infrastructure projects, including a world class sports stadium and Convention Centre, which form part of the government and private sector’s $30 billion rebuild plan for the city.

On completion, BreakFree on Cashel will consist of 250 modern compact hotel rooms, a restaurant, bar, guest lounge, conference rooms, 24 hour reception, and gymnasium. It will be Mantra Group’s twelfth New Zealand property and first hotel in the Christchurch CBD.