Event Hospitality & Entertainment Ltd. has entered into a management agreement with Iris Capital for a QT Hotels property in Newcastle, Australia.
One of four new hotels being developed for the QT brand across Australia and New Zealand, QT Newcastle will be part of the New South Wales (NSW) Government's Revitalizing Newcastle program when it opens next year.
Property owners Iris Capital will partner with Event to convert the former David Jones building, retaining the landmark building's heritage features. (This follows the adaptation of Sydney's Gowings department store into the QT Sydney in 2012.)
QT Newcastle will have 106 guestrooms, a boutique rooftop bar, a dining concept and bar and will be within walking distance to Newcastle's Harbour and surf beaches.
"Over the past 12 months, we have secured four new QT locations—each unique—to ensure we create the QT point of difference," said Event Hospitality & Entertainment CEO Jane Hastings. "Newcastle is Australia's largest regional center, and with the AUD$700 million Iris investment, combined with the AUD$650 million NSW government investment, the city is being revitalized and QT will be at the heart of this precinct."
The QT group of hotels opened the QT Queenstown in December 2017 and QT Perth in July 2018. QT Newcastle and QT Auckland are scheduled to open in 2020, followed by QT Parramatta (Australia) and QT Adelaide in 2021. The company opened its first Australian hotel with the QT Gold Coast in 2011.