Quest has announced plans to build 10 new properties in NSW by 2014, tailored for the extended-stay business market.
Quest Chairman Paul Constantinou made the announcement alongside NSW
Premier Barry O’Farrell and Quest ambassador Michael Klim at the opening
of the Group’s newest property at Sydney Olympic Park.
“This investment follows the increasing need by business travellers for
accommodation in the State’s regional and suburban hubs where
traditional accommodation options are no longer meeting their needs,” Mr
Constantinou said.
“This year, we will commence construction at five new locations - in
Albury, Shellharbour, Nowra, Orange and Liverpool. We will continue
this expansion, with another five properties to commence in the
following year.”
NSW Premier, Barry O’Farrell explained the State Government’s investment
in infrastructure outside of Sydney’s CBD has led to a growing need for
accommodation and services to cater for this increase in business
development.
“Quest is building properties in areas where there has been significant
investment in public and private infrastructure such as roads and rail,
hospitals, educational institutions and retail precincts.”
“This commitment to investment in thriving regional and suburban
locations across NSW demonstrates business confidence in long term
growth across the State,” the Premier said
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