14 Oct 2015
Chief Minister of the Northern Territory
Minister for Asian Engagement and Trade
Minister for Asian Engagement and Trade Peter Styles has announced the Northern Territory Government has opened Expressions of Interest for a new luxury hotel development in Darwin coinciding with his attendance at a key hotel conference in Hong Kong.
The Minister is attending the Hotel Industry Conference Asia Pacific as part of his five-stop Asian delegation to generate business and trade opportunities with some of the largest investment hubs in the world.
Minister Styles said a new luxury hotel development would boost the Territory’s economy because of its potential to fill a gap in demand for high-end business and leisure accommodation.
“There is an un-met requirement for this standard of accommodation and hospitality in Darwin,” Mr Styles said.
“Only eight per cent of Darwin’s total room stock is nominated as ‘5 Star’ which is substantially lower by percentage than other Australian capital cities.”
Mr Styles said while there are excellent accommodation options already available in Darwin and a number of new projects in the pipeline over the next few years, these largely target the mainstream market delivering the equivalent of ‘4 star’ rooms.
Chief Minister Adam Giles said a luxury hotel development would mean more jobs for Territorians.
“It would also give us a significant edge in the lucrative business conference market – which currently injects around $89 million into the economy each year,” Mr Giles said.
Mr Giles said visitor numbers to the Territory were growing, and more accommodation across the different star ratings was needed.
“Our current accommodation providers do a fantastic job, and a luxury hotel would help build on what we already have by increasing the range of accommodation offerings in Darwin,” he said.
“It would also provide an opportunity to attract visitors with high spending and investment potential who may seek to invest in the Northern Territory.
“This development would further bolster the Territory’s economy which is already performing well, with the lowest unemployment in the country and the highest labour force participation rate.
“It’s all part of the Country Liberals Government’s plan to create jobs and opportunities, drive the development of North Australia and build a $2.2 billion visitor economy by 2020."
The hotel development would include a minimum number of luxury rooms, integrated facilities and services could include 24 hour room service, recreational facilities, day spa, boutique retail shops, bars and signature restaurants.
Invitations for Expressions of Interest open today (Wednesday October 14) and close Friday, January 15 2016.
The EOI process will be comprised of two phases, involving an initial non-binding offer phase, followed by a short-listing process. Short-listed bidders would then be invited to submit fully developed and costed final bids, with a preferred proponent expected to be announced mid next year.
A Government-owned waterfront site has been earmarked for the development but proponents are welcome to suggest other locations.
For more information or to lodge an Expression of Interest visit www.dcm.nt.gov.au/hotel.
Media Contact: Rebecca Barr: 0407 284 066