Pessimism in Perth's commercial property sector and the alarming office vacancy rate won't stop development at Elizabeth Quay, according to the Metropolitan Redevelopment Authority.
The future of Karratha's $70 million DoubleTree by Hilton proposal appears to be tied to the health of the Pilbara economy, with the hotel's developer forced to redesign the project to finalise a suitable construction financing deal.
Final design works and construction valuations are under way for the long-awaited $70 million DoubleTree by Hilton hotel in Karratha, with building expected to begin before the middle of the year, albeit at a new location, in the Pilbara town's CBD.
Developer Sirona Capital's mooted $30 million, 73-room Quest apartment hotel in the west end of Fremantle is the latest in more than $100 million worth of short-stay accommodation projects being planned for the port city.
Tourists and business travellers will soon be spoilt for choice when it comes to luxury hotels in Perth, with a rush of new developments providing new options at five stars and above.
Hotel group Hilton Worldwide has announced it will open two of its DoubleTree by Hilton branded hotels in Perth and Fremantle, with a third property in Northbridge also on the agenda.
