Accor Signs Sydney Airport Hotel

Accor has signed a management agreement with Goodman to manage a 5-star hotel to be badged Pullman Sydney Airport as part of a new A$100 million development project that will encompass extensive office and retail facilities.

Pullman Sydney Airport will include 229 accommodation rooms and suites, an executive lounge, a restaurant and bar, conference facilities and gymnasium.

Construction of the hotel development on O’Riordan Street, Mascot commenced earlier this month generating over 100 jobs during the build. The expected opening date for Pullman Sydney Airport is May 2016.

Accor Pacific Chief Operating Officer, Simon McGrath, said, “The Sydney hotel market has been considerably constrained over the last two years with occupancies idling between 80-90%, hence the urgency for new inventory to service the high corporate and leisure demand in the city. Pullman Sydney Airport will not only add 229 rooms to Sydney’s bourgeoning tourism economy but it will be the first internationally branded 5-star hotel serving the international airport precinct.”

Goodman’s General Manager Australia, Jason Little, added, “We are excited to be partnering with Accor to bring a new 5-star hotel to the Sydney Airport precinct. The new mixed-use precinct provides the highest and best use for this prominent South Sydney site and complements the DA approved future development of two commercial office buildings, totalling 34,350 sqm, together with ground floor retail space.”