SP Setia: Shangri-La to run Melbourne hotel

PETALING JAYA: SP Setia Bhd Group has appointed Shangri-La Hotels and Resorts as the official hotel operator for its landmark luxury development in Melbourne’s central business district.
In a joint press release yesterday, SP Setia chairman Tan Sri Wan Mohd Zahid said the appointment of Shangri-La supported the project’s vision to deliver an iconic development that increases capacity, creates local economic development opportunities, and sets a new benchmark for five-star luxury in Melbourne.
Located at 308 Exhibition Street, the Cox and Fender Katsalidis-designed two-tower development overlooking Melbourne’s World Heritage-listed Carlton Gardens had just received planning approval on Tuesday.
Upon completion in 2022, the first tower is expected to house the five-star Shangri-La Hotel with an estimated 500 guest rooms and three levels of amenities, while the second tower will include over 300 luxury residential apartments as well as office space.