07 Aug 2017
Event Hospitality and Entertainment Limited (ASX: EVT) will no longer have a marketing and distribution agreement with Art Series Hotels from November, 2017 with Event focusing on the continued growth and development of its leading designer hotel brand, QT Hotels and Resorts.
“We have enjoyed a great relationship with Deague Group assisting them with marketing and distribution support,” said Norman Arundel, General Manager Rydges Hotels & Resorts and oversees all managed properties for the Event. “We are extremely pleased with the success of our designer hotel brand QT Hotels & Resorts and we will continue to focus on developing it both here in Australia and internationally.”
Event has managed the Art Series Hotel Group on behalf of Deague Group since the opening of the first Art Series hotel, the Cullen in Prahran, in 2009.
Will Deague, CEO Deague Group said, “Event has played an integral role in the success of the Art Series Group. We hold them in very high regard and thank them for their efforts over the years.”
The QT Hotels & Resorts group will continue to expand with QT Queenstown due to open this November, followed by QT Perth in 2018.
All Priority Guest Reward (PGR) members will continue to enjoy their benefits at all Art Series hotels until November, 2017 and all PGR forward bookings will be honoured.
-ENDS-
About Event Hospitality & Entertainment:
Event Hospitality & Entertainment (EVENT) is Australia's premier entertainment, hospitality and leisure company. EVENT has proud and historic origins dating back to 1910 and currently operates within the following business segments:
- Entertainment – Event Cinemas (Australia, New Zealand & Fiji), Greater Union, BCC Cinemas, GU Film House, Moonlight Cinemas, State Theatre Sydney and Cinestar (Germany)
- Hospitality and Leisure – QT Hotels & Resorts, Rydges Hotels, Atura Hotels and Thredbo Alpine Village
- Entertainment Technology - Edge Digital & Technology
- Property and Other Investments
Event has a portfolio of diversified businesses and a history of solid financial performance. EVENT has attractive add-on and growth opportunities with strong management and supportive shareholders. EVENT was listed on the Australian Securities Exchange (ASX) in 1962 and currently has around 5,000 shareholders. EVENT trades under the ASX code of EVT.
For more information or interview requests, please contact:
Stephen Howard
Event Hospitality & Entertainment
Public Relations Director
478 George St, Sydney, NSW, 2000
PH: 02 9373 6827 | M: 0409 840 238
E: Stephen_Howard@evt.com
W: www.evt.com
