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    HOLIDAY INN EXPRESS, NEWCASTLE

    Hotels

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    Newcastle, NSW

    Tactical Group are the Development Managers, Project Managers and Lead Consultant engaged by Pro-Invest Group for a roll-out of the Holiday Inn Express hotels brand under a master franchise agreement across Australia and New Zealand.

    The Holiday Inn Express Newcastle was the first regional metropolitan express product to be delivered as part of the roll-out and is a new 170 room hotel in the historical coal mining town of Newcastle. Tactical Group provided a full-service solution encompassing site acquisition, pre-purchase due diligence, feasibility modelling, transaction management, project management and full design and superintendence, to hand-over for operations.

    This exciting roll-out project is a one-of-a-kind in Australia. Holiday Inn Express is currently one of the fastest growing brands in the world with over 2,250 hotels operating worldwide and an average of 2 new hotels opening every week. The Holiday Inn Express recently opened in April 2019 and is trading extremely well.

     

    Project Snapshot

    Sector: Hotels

    Location: Newcastle

    Client: PRO-INVEST GROUP

    Size: 9,400sqm

    Value: 32 million

    Status: Completed

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