The group will invest more than AUD $110m (£57m) transforming two lots within the Perth City Link project adjacent to the Perth Arena into a 250-bedroom Avani Hotel and the Avani Residences comprising of 200 serviced one and two bedroom apartments.
The Avani Hotel will boast a rooftop bar and a public space for events at its entrance. Both properties are expected to open in 2017.
Dillip Rajakarier, COO Minor International and CEO Minor Hotel Group, said: "We are very excited to announce plans for this new hotel and residential development in the centre of Perth, which represents in parallel – a significant investment for the group, the introduction of the Avani brand to Australia, as well as a new destination for Minor Hotel Group within Australia.
"Minor Hotel Group is already well established in the country with the Oaks brand and we have been actively exploring opportunities to bring some of our other brands into the Australasia region.
"The Perth City Link Development will see the debut of AVANI, our dynamic upscale brand, and we are looking forward to working closely with the Western Australian government and the Metropolitan Redevelopment Authority of Perth to bring this exciting project to fruition."
Minor International, the parent company of Minor Hotel Group, acquired a majority stake in Melbourne-based VGC Food Group, which owns award-winning speciality coffee house Veneziano Coffee Roasters, in 2014. The acquisition adds to the group’s growing portfolio of restaurants such as The Coffee Club, Ribs and Rumps and The Groove Train.
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