Australian developer, Perri Projects, has appointed hotel owner-operator Ovolo Hotels as hotel manager for its $50 million South Melbourne project, to be known as Ovolo South Melbourne and expected to open in 2020.
Located at 183–199 Moray Street, the 100-room, upper-upscale, six-storey designer hotel will bring Ovolo’s signature ‘effortless living’ ethos to one of Melbourne’s most iconic inner-city suburbs. Ovolo’s appointment represents a significant milestone for the project, which has received planning approval, with construction anticipated to commence in the third quarter of 2019.
David Scalzo, Managing Director of Perri Projects, said Ovolo’s international track record for delivering innovative, design-led destination hotel concepts that emphasise lifestyle aligned with Perri Projects’ vision for the site.
“We are delighted to partner with Ovolo to realise our original vision for this site as a mixed-use lifestyle precinct featuring destination bars and restaurants, as well as leisure, event and function facilities,” he said.
Owning and operating 10 hotels across Australia and Hong Kong, Ovolo’s appointment as hotel manager represents the independent hospitality group’s first solely hotel-management agreement.
Girish Jhunjhnuwala, Ovolo CEO and Founder, said Ovolo in South Melbourne represented a new phase of growth for the company, made possible through a shared vision with Perri Projects.
“The Hotel Management Agreement with Perri Projects represents a natural evolution for our business as we continually look to expand our offering in new markets,” he said. “While we each bring our respective expertise in property development and hospitality management to this project, this partnership was forged through our mutual affinity for delivering truly unique projects and a shared vision for the South Melbourne site.”
Dave Baswal, COO & CFO of Ovolo Australia, said he was confident Ovolo’s offering in South Melbourne would be well received by the growing pool of higher-end established housing and major commercial office buildings.
Artist renderings of Ovolo South Melbourne supplied.