MERCURE – Doncaster, Victoria
Client:Accord Property Group
Years of Engagement:January 2021 - Current
Asset:Hotel Operator: Accor
Hotel Brand: Mercure
Number of Rooms: 183 guest rooms and suites
Function/Meeting space: Circa 360m2
Hotel Amenities: Hotel Gym and Pool, Chido Chido – Hotel All Day Dining, Hotel Lobby Bar
Details of Engagement:Specific Hotel investment and operational expertise to complement owner-company skills
Valuation and Funding Advisory
Outcome of Engagement:Establish local brand reputation.
Developing alignment with operator to drive RevPAR required to achieve year 3 stabilised projections.
Obtained construction funding and property funding post opening.
Awards:Victorian Accommodation Awards for Excellence - Mid-range accommodation Hotel of the Year
AHA National Awards for Excellence - Best Mid-Range Accommodation 2022