Maitland Mayor Philip Penfold joined Veriu Group CEO Zed Sanjana, and developer Panthera Group, in a sod turning ceremony to commemorate the start of the Veriu’s first Punthill property build in regional NSW.
Maitland Mayor, Philip Penfold, yesterday joined Veriu Group officials including CEO Zed Sanjana, and developer Panthera Group, in a sod turning ceremony to commemorate the start of the Veriu’s first Punthill property build in regional NSW.
The announcement has been met with excitement by Maitland residents, with the new Punthill Maitland the first hotel brand slated to open in the town in more than a decade!
The development also kicks off the Veriu Group’s ambitious expansion plan to roll out the successful Punthill apartment hotel accommodation model in regional NSW, with a number of other regional openings scheduled for the coming years.
The arrival of the Victorian-based operator is expected to provide a much welcome boost to the Hunter Valley’s tourism industry, which is currently experiencing a resurgence in post-pandemic travellers.
Construction on Punthill Maitland is now underway, with the property expected to open in late 2023. The 76-key apartment hotel is located in the heart of Maitland’s High Street commercial hub. It will feature conference facilities, a gymnasium and café, and will cater to both the corporate and leisure travel market.
A leading innovator in the boutique hotel and micro-apartment space, the Veriu Group last week also announced the opening of its first Sydney Punthill property, Punthill Norwest, in the bustling Norwest business precinct, following the takeover of an existing Adina hotel.
More announcements about the opening of new Punthill apartment hotels at various sites in both metropolitan and regional NSW, are expected from the Veriu Group in the coming weeks.