EVENT CONFERENCE GROWTH
s Ed Hospitality Θ Entertainment has outlined plans to include and expand conference facilities in key hotels such as QT Sydney and Rydges Melbourne.
At the group͛s AGM last Fri, CEO Jane Hastings said the total fair value of Event͛s property had increased to $2 billion, well above the book value of $1.2 billion, and that it provided excellent future growth opportunities.
The expansion of the QT Sydney will include the addition of new rooms and conference and event facilities, as part of a wider development that will involve retail space and a commercial tower on George Street.
The group has also progressed plans for a major expansion of Rydges Melbourne which will include new rooms and a conference centre.
hpgrades and expansions are also planned at several other properties including QT Melbourne and Rydges Townsville, as well as refurbishments of Rydges Queenstown conference centre and conference spaces at QT Gold Coast and QT Canberra.
WŝĐƚƵƌĞĚ is the Members Lounge at QT Sydney.