12 Mar 2016
Chief Minister of the Northern Territory
The Department of Chief Minister will next week call for detailed proposals to develop a luxury hotel in Darwin that would help attract more tourists and boost the city's reputation as a unique business events destination.
Chief Minister Adam Giles said there was a strong response to the Expressions of Interest process, highlighting ongoing interest from both local and international investors keen to play a part in Darwin's economic development and future prosperity.
Eight proposals were received, with a short-listing exercise resulting in a small number proceeding to the detailed proposals phase.
"Additional luxury hotel developments would provide a massive boost to the Territory's economy because of the potential to fill a gap in demand for high end business and leisure accommodation," 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.
"New hotels of this calibre would give Darwin a significant edge in the lucrative business conference market, which currently injects around $89 million into the economy each year.
"It would also provide an opportunity to attract visitors with high spending and investment potential who may seek to invest in the Territory.
"Put bluntly, a luxury hotel would mean more economic growth and more jobs for Territorians.
"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."
Mr Giles said the Department of Chief Minister was co-ordinating the process for the luxury hotel development.
"As always, there is a documented process for the evaluation to ensure the process is fair, equitable and consistent," he said. "KPMG has been appointed as probity advisors for the project and are involved in every step of the process."
Mr Giles said the preferred proponent for the luxury hotel development was expected to be announced in July.
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