Event Hospitality & Entertainment Limited (EVENT) today announced it 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 a creative place to stay and play and a hallmark destination for the New South Wales (NSW) Government’s Revitalizing Newcastle program.
Property Owners Iris Capital will partner with EVENT to convert the former historic David Jones building, retaining the landmark building’s heritage features, fused with the much-loved contemporary charm for which QT is renowned. Similar to the transformation of Sydney’s iconic department store Gowings to create QT Sydney, the former David Jones site is opportune for the design-led QT experience.
As the largest regional hub in Australia, and the seventh largest city, Newcastle provides all of the benefits of a culture-rich city with the attraction of a regional, beachside town. QT Newcastle will be located in the heart of Newcastle’s Hunter Street Mall on the corner of Perkins Street. The hotel will reflect QT’s signature quirky flair, featuring 106 character-filled rooms, a boutique rooftop bar, and an intimate QT signature dining concept and bar. QT Newcastle will be located within a short walking distance to Newcastle’s stunning Harbour and renowned surf beaches.
Event Hospitality and Entertainment CEO Jane Hastings said: “Over the past 12 months, we have secured four new QT locations, each unique to ensure we create the QT point of difference. 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 is on a strong growth trajectory, with the opening of 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.
QT Hotels recently celebrated a triple-win in the annual Condé Nast Traveler Readers’ Choice Awards, with three QT properties ranking in the top 15 hotels in Australia and New Zealand.