
The first economy new build hotel to be developed in the South Australian capital in 20 years will be branded Ibis, it has been revealed.
The $65 million project will be developed by Hines Property and is scheduled to open early 2014, to coincide with the opening of the expanded Adelaide Convention Centre.Accor Pacific chief operating officer Simon McGrath said the 307-room property was a “key development” for Adelaide. “The economy hotel sector is the fastest growing market in global travel, and is set to grow even faster with the rapid expansion of low-cost carriers,” he said.Ibis is already present in Australia with 13 other properties and owns 900 hotels globally as part of the Accor group. The hotel chain is to announce another new Ibis project later this year.