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Ovolo Group expands Australian footprint to Brisbane

Angelos Restanis - 16 June 2017, 00:10

Lifestyle hotel group acquires 5-star heritage-listed New Inchcolm Hotel & Suites.

Ovolo Hotels, the award-winning hotel owner & operator currently operating two of Australia’s top five hotels has officially expanded its reach to the Brisbane market with the purchase of the New Inchcolm Hotel & Suites. Ovolo group’s new Brisbane addition highlights its positive outlook on what the market research firm fDi Intelligence has named “one of the top 5 best cities in the world for global investment”.
 
Located in the heart of Brisbane’s CBD, The New Inchcolm Hotel & Suites is a heritage listed, 50-room property that carries an average room size of 35 square meters- one of the largest in Brisbane. With the inclusion of a 100-plus-capacity conference & events space the versatile hotel is designed to suit both business and leisure travellers. 
 
The property will commence operation as an Ovolo hotel in late 2017. Mr. Girish Jhunjhnuwala, CEO & Chairman of the Ovolo Group notes: “I’m excited to bring Ovolo Hotels approach to allinclusive hospitality to the Brisbane market. The New Inchcolm has already achieved impressive heights. But if Ovolo Hotels track record bears any insight, the Inchcolm’s greatest days are yet to come.” 
 
Facilitated by JLL Hotels & Hospitality Group Vice President, Tom Gibson and Executive Vice President, Peter Harper, this addition of a Brisbane based property marks Ovolo group’s continued expansion within the ANZ region – an effort is being led by Ovolo Hotels Australia COO, Dave Baswal and Acquisitions & Development Manager, Raphael Antonini. While the Inchcolm is a confirmed 5-star hotel, Mr. Baswal and Mr. Antonini have confirmed plans for an Ovolo makeover – aligning the Brisbane hotel with the brand’s contemporary approach to both design and all-inclusive hospitality.

 

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