Explore the latest trends and actionable insights on the Leisure and Hospitality Construction Projects market to inform business strategy and pinpoint opportunities and risks.

Australia: Five Largest Hotels Construction Projects Started in Q4 2022

  • With a project value of $300 million, the Oxford Properties – 132 Kavanagh Street Mixed-Use Development – Victoria project was the largest Hotels construction project in Australia on which construction started in Q4 2022. The Oxford Properties – 132 Kavanagh Street Mixed-Use Development – Victoria project is located in Australia and initially announced in Q1 2018 with an estimated completion in Q4 2024. The FYVE Dev – The Liverpool by FYVE – New South Wales project was the second-largest project with a project value of $136 million, on which construction work started in Q4 2022. The FYVE Dev – The Liverpool by FYVE – New South Wales project is located in Australia and initially announced in Q4 2019 with an estimated completion in Q4 2024.

  • The Minor Hotels – NH Collection Sydney – New South Wales project was the third-largest project, the St Hilliers – Central Coast Quarter Mixed-Use Development – New South Wales was the fourth-largest project, and the APH Hldg – Fleur de Juin Hotel Box Hill – Victoria was the fifth-largest project with a project value of $120 million, $110 million and $64 million respectively. The Minor Hotels – NH Collection Sydney – New South Wales project located in Australia was announced in Q3 2020 with an estimated completion in Q4 2023, the St Hilliers – Central Coast Quarter Mixed-Use Development – New South Wales project located in Australia was announced in Q2 2019 with an estimated completion in Q4 2025 and the APH Hldg – Fleur de Juin Hotel Box Hill – Victoria project located in Australia was announced in Q1 2021 with an estimated completion in Q1 2025.

  • Among the five largest projects, the St Hilliers – Central Coast Quarter Mixed-Use Development – New South Wales project is the longest in terms of completion date, with construction expected to be completed in Q4 2025. On the other hand, the Minor Hotels – NH Collection Sydney – New South Wales project is the shortest in terms of completion date, with construction expected to be completed in Q4 2023.

Australia: Five Largest Hotels Construction Projects Started in Q4 2022

Published: July 2022
Source: GlobalData

Explore the latest trends and actionable insights on the Leisure and Hospitality Construction Projects market to inform business strategy and pinpoint opportunities and risks. Explore the latest trends and actionable insights on the Leisure and Hospitality Construction Projects market to inform business strategy and pinpoint opportunities and risks. Visit Report Store
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