Starwood Hotels & Resorts Worldwide has signed an agreement with Sydney-based developer JL Parramatta to open the Four Points by Sheraton Parramatta in Sydney. The 271-room new-build hotel is scheduled to open in 2018.
“With the current growth and development in Parramatta, Sydney’s second-largest work district, the location was a natural choice for our next Four Points by Sheraton hotel,” Sean Hunt, regional VP, Starwood Hotels & Resorts, Pacific, said in a statement. “The brand’s strong Pacific presence, which includes hotels in Sydney, Perth and Brisbane and a new flagship property in Melbourne, opening in 2017, is reflective of its growth globally, with Four Points leading pipeline development in Starwood’s portfolio.”
The hotel will be located within Parramatta’s Central Business District, which has been placed at the forefront of Sydney’s future growth plans by the New South Wales government.
“Parramatta has become a focal point of economic growth in Sydney, with significant investment in a range of building and construction opportunities and hotel occupancy levels reaching a new high. There is clear demand for a new high-quality international hotel with accommodation and facilities to support the growth of Western Sydney,” said Andrew Taylor, director, acquisitions and development, Starwood Hotels & Resorts, Pacific.
Starwood’s Pacific portfolio has 17 hotels in operation, including Four Points by Sheraton properties in Sydney, Brisbane and Perth. The hotel also joins 11 properties under development, including the Four Points by Sheraton Sydney, Central Park, Points by Sheraton Melbourne Docklands, Sheraton Samoa Aggie Grey’s Hotel & Bungalows, Four, Aloft Perth Rivervale, The Westin Perth, Aloft Adelaide, Sheraton Adelaide Hotel, The Westin Brisbane, and W Brisbane.