Expansion continues for Mantra Group with new hotel opening in 2018
Mantra Group has secured the management agreement to operate Mantra on City Road, a landmark new-build 46 storey hotel in the heart of Southbank in Melbourne.
Construction begins on the new $70 million Mantra Epping Hotel
Developed by Too Build and to be operated by Mantra Group when it opens in mid-2019, the 214-room, four-star Mantra Epping Hotel has been designed to capitalise on both the history of the northern suburbs and the unique attributes of Epping.
Mantra confirms $1.3 billion takeover by AccorHotels
AccorHotels will acquire the Mantra Group in a deal worth AUD$1.3 billion which will see AccorHotels add 127 hotels to its network across Australia, New Zealand, Indonesia and the United States, a deal understood to be brokered by JLL's Hotels and Hospitality Group.