Northern Territory Government Newsroom

Investors lining up for Darwin hotel development

Interested investors are already lining up for a new luxury hotel development in Darwin following the opening of Expressions of Interest (EOI)today.

Chief Minister Adam Giles said he had asked Minister Styles to attend the Hotel Industry Conference Asia Pacific (HICAP) in Hong Kong to promote the hotel opportunity as it would help attract more tourists and develop Darwin’s reputation as a unique business events destination.

“It is excellent to hear this new investment opportunity is receiving such an enthusiastic response already,” Mr Giles said.

“Our current accommodation providers do a fantastic job and a new luxury hotel for Darwin would help build on what we already have.

“It would provide a boost for the economy, fill a gap in demand for high-end business and leisure accommodation and give us a significant edge in the lucrative business conference market.”

Minister for Asian Engagement and Trade Peter Styles said the development has been a key topic of conversation during a string of meetings with potential investors in Hong Kong and Beijing.

The Minister is leading a Northern Territory Government delegation on a five-stop Asian trip this week aimed at capitalising on trade and investment opportunities in Singapore, Beijing, Hong Kong, Taipei and Guangzhou.

Mr Styles welcomed the support by SKYCITY Acting General Manager Callum Mallett for the Government's proposal which would see a new ‘5 Star’ hotel built in Darwin featuring luxury rooms and integrated facilities and services such as 24-hour room service, recreation facilities, a day spa, boutique retail shops, bars and signature restaurants.

Minister Styles met with Mr Mallett at HICAP in Hong Kong today with the EOI high among the discussions.

"It is great to see local interest and support for the Country Liberals Government’s plan," Mr Styles said.

"The early level of international interest has also been outstanding.  I met with two large construction and investment companies in Beijing who have expressed their interest in looking at the proposal and I met a number of others in Hong Kong at HICAP today.

"It has been greeted with a great deal of excitement."

Mr Styles also met with Federal Trade Minister Andrew Robb ahead of their presentation to HICAP on Investment Opportunities in Northern Australia tomorrow.

HICAP is considered the region’s most established and recognised conference for the hotel investment and development community.

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Media Contact: Rebecca Barr: 0407 284 066