Metro Hotel Perth will add 46 rooms to its existing hotel of 94 rooms to meet the increased demand for accommodation in Perth. The redevelopment will also include major renovations to the lobby area of the hotel, pool area, restaurant and car park.

Building will commence in mid -2013, and is expected to be completed by the end of 2013, with minimal disruption to guests.

According to Metro Hospitality Group's Chief Operating Officer George Bedwani, Metro Hotel's Perth property has performed extremely well as a result of the sustained strength of mining-related business travel and increased demand for affordable, spacious accommodation in close proximity to the city.

"We believe the hotel industry in Perth will remain buoyant over the next five years as there continues to be capacity constraints due to few major hotel developments being built in Perth," George Bedwani said.

"This particular hotel is in high demand as its just outside but within easy access to the CBD.  Four years ago we completed a $3.5 million renovation to all 94 rooms.  That renovation has been instrumental in us capitalising on the current boom.  We are now going the next step to ensure we benefit from the anticipated growth and demand over the next 4-5 years."

According to the latest Deloitte Global Performance Review, by the end of 2014, Perth is forecast to have the highest hotel occupancy rate of 89% on the back of business demand due to the resources boom.  Mining-related construction activity, set to peak in 2014, will place added pressure on Perth room rates, which are forecast to increase by 10.3% per annum over the next three years.

Situated on the south side of Perth just 10 minutes drive from the CBD, Metro Hotel Perth enjoys a prime vantage point on the south side of the Swan River.  The hotel is now a well-known landmark on the Perth skyline and has, over the last 40 years, acquired iconic status with residents and visitors alike.

Enjoying panoramic views across the Swan River, Metro Hotel Perth is an ideal accommodation choice for value-conscious business and leisure visitors to Perth.  The rooms are much larger than the average hotel room, many with private balconies, and 70 currently overlooking the scenic Swan River.  The hotel has seven conference rooms with a seating capacity for 200 people, its own licensed restaurant and bar, an outdoor swimming pool and parking.

Metro Hotels is the public face of Transmetro Corporation, an Australian owned public company listed on the Australian Stock Exchange. The Group currently provides a national accommodation network of properties, with over 1000 rooms in key locations and major cities across Australia.

For media enquiries, please contact Sarah Peattie, Peattie Public Relations on +61 (0)2 9487 6555.

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Sarah Peattie
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+61 2 9487 6555