Amid reports of job losses at the Jewel development site on the Gold Coast, Yuhu has released a statement that the project is supporting around 2,060 jobs directly and 1,098 jobs indirectly per year during construction, with around 500 long-term jobs to be created following its completion and grand opening next year.

"All these jobs have been sourced locally and will continue to be so, as Yuhu continues to make a strong contribution to supporting the local economy and local employment."

Yuhu has also confirmed its continued partnership with Multiplex to be the main construction partner on the Jewel project. 

An international selection process to identify a world-class hotel operator for the luxury five-star hotel component of the Jewel project with an announcement expected in the coming weeks.

Several major international hospitality groups have already visited the Jewel project site and were impressed by the overall hotel configuration, including the spaciousness and proposed standard of finishes.

The 169 hotel rooms that form part of the Jewel are generously proportioned at an average size of 50-60 sqm, almost double the size of the average hotel room found on the Gold Coast.

Yuhu will take guidance from the chosen operator when finalising design and configuration elements to ensure the hotel also reflects the operator’s signature characteristics and feel. 

Yuhu confirmed that, "Ultimately, all necessary work will be carried out to finish what will be a magnificent new asset for the Gold Coast and local tradespeople will continue to be the beneficiaries of this work."

"We are happy to assist and facilitate the Queensland Building and Construction Commission (QBCC), the Union, or any other related organisations in their effort to ensure that the quality of the construction meets the highest standard and that appropriately licensed contractors are being engaged and well paid."

Yuhu concluded in their statement that they will play a constructive role in supporting and encouraging Multiplex to resolve any potential misunderstandings on the project site with subcontractors, other workers or anyone with concerns.