Located on Caxton St in Petrie Terrace, the 68-room five-star property will be added to the TFE Hotels Collection brand.
CEO Rachel Argaman said: “It marks the start of expansion plans that will progress in 2017. We have a remarkable 17 new hotels in the pipeline, such as the spectacular Adina Apartment Hotel which will open on the former Pentridge Prison site: an impressive castle-like building with an extraordinary history that has captured the nation’s imagination for centuries.
“We have just opened two new hotels in Nuremburg and Frankfurt, Germany, and will open new Adina Apartment Hotels in Fremantle, Sydney’s CBD and Macquarie Park, as well as a handful of others we are about to announce soon. We will also open four new Vibe Hotels, including one in Hobart and one in North Sydney. This year and beyond will be exciting for TFE Hotels, and we have a number of extraordinary projects that will give us the platform for growth and scale.”
Less than three years old, the luxury hotel has proven popular among guests, boasting a 4.5 guest review rating on TripAdvisor and a smattering of hospitality awards. The property was designed by Hirsch Bedner Associates and will continue to be owned by the Gambaro family.
John Gambaro said the hotel’s new management would connect it to a sophisticated global distribution system and team of dedicated hoteliers with more than 50 years management experience.
“We are looking forward to leveraging TFE Hotels’ scale as a recognised hotel management company and brand, and its capabilities for national distribution, which will allow us to focus on what we do best, which is create exceptional restaurant experiences,” he said.