A $50 million Rydges hotel is ready for take off at the Gold Coast Airport following final government approvals.
The project received the green light from deputy PM and Infrastructure minister Michael McCormack this week.
The seven-storey design features 192 rooms and suites overlooking Kirra Beach and the airport runway, plus a rooftop bar and viewing deck.
Airport owner Queensland Airports Limited chief executive Chris Mills said work is expected to commence before the end of this year.
“This is a great project for the airport, and for the Gold Coast and northern NSW,” he said.
“An airport hotel is something that has been missing at Gold Coast Airport and now that we have the approval, we can move ahead with another important part of our development plan designed to further activate the precinct and accommodate growth.”
Half a billion dollars will be invested into the precinct over the next few years under the Project LIFT expansion as authorities look to cater for mounting demand.
The airport is expected to attract some $818 million a year to the region and generate 20,000 full time jobs by 2020.
Gold Coast Airport catered to 6.6 million passengers in the last financial year and passenger numbers are expected to reach 16.6 million annually by 2037.
The region’s tourist economy is booming following the Commonwealth Games, with a rash of hotel refurbishments and constructions due for completion over the next three years and a new casino in the pipeline.
Construction on the airport hotel is expected to start this year, with the property operational in 2019.