End of an Era: Iconic Perth hotel to cease operations in August 2024
The sad news of the Hyatt Regency Perth's closure comes at a time when the city's hotels are enjoying record-high occupancy rates
In a poignant turn of events, the Australian Hotels Association (WA) has paid tribute to the iconic Hyatt Regency Perth, which will close its doors at the end of August 2024. The landmark hotel, a fixture in Perth since 1988, has been a cornerstone of the city’s hospitality scene, hosting countless dignitaries, rockstars, and memorable celebrations.
AHA(WA) CEO Bradley Woods remarked that the decision by Tuan Sing Holdings Ltd, the owning company of the Hyatt Regency Perth, signifies the end of an era and a profound moment in the evolution of the city’s hotel industry.
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“The announcement comes at a time when Perth hotels are experiencing their highest occupancy rates of any major city in Australia,” said Mr. Woods. “For the month of May, Perth hotels had an occupancy rate of 77.3 percent, the highest of all Australia’s capital cities. Perth was also 11 percent higher for the same period in 2023, with an occupancy rate of 69.4 percent.”
Mr. Woods acknowledged the ongoing redevelopment of the complex where the Hyatt Regency Perth is located and expressed optimism for its future.
“The complex has been undergoing redevelopment for some time, and we look forward to seeing the next exciting chapter for the site,” he said. “Importantly, the AHA(WA) will be working with Hyatt Regency Perth to support hotel staff in the transition and new opportunities that lie ahead.”
Reflecting on the hotel’s historical significance, Mr. Woods added, “The Hyatt Regency Perth was one of the first major global hotel brands to operate in Perth, commencing in 1988, and has made a valuable contribution to the social fabric of the city and the community for many decades.
“The hotel has hosted Australian and world leaders, rockstars, and corporate titans, as well as being the setting for innumerable wedding proposals, celebratory receptions, and birthday parties.”
As Perth continues to grow and evolve, the legacy of the Hyatt Regency Perth will remain an integral part of the city’s rich history. The AHA(WA) stands ready to support the hotel’s staff and to witness the transformation of the iconic site into its next phase.
