AHA(WA) PAYS TRIBUTE TO PERTH’S ICONIC HYATT REGENCY FOLLOWING NEWS OF CLOSURE

The Australian Hotels Association (WA) has today paid tribute to the Hyatt Regency Perth following news that the landmark hotel will cease operating at the end of August 2024.

AHA(WA) CEO Bradley Woods said the decision by Tuan Sing Holdings Ltd, the owning company of the Hyatt Regency Perth, marked the end of an era and a significant milestone in the evolution of Perth’s hotel industry.

“The announcement comes at a time when Perth hotels are experiencing their highest occupancy rates of any major city in Australia,” said Mr Woods.

“For the month of May, Perth hotels had an occupancy rate of 77.3%, the highest of all Australia’s capital cities. Perth was also 11% higher for the same period in 2023, with an occupancy rate of 69.4%,” he said.

Mr Woods added:”The complex where the Hyatt Regency Perth is located has been undergoing redevelopment for some time and we look forward to seeing the next exciting chapter for the complex.

“Importantly, the AHA(WA) will be working with Hyatt Regency Perth to support hotel staff in the transition and new opportunities that lie ahead.”

Mr Woods added: “The Hyatt Regency Perth was one of the first major global hotel brands to operate in Perth, commencing in 1988, and has made a valuable contribution to the social fabric of the city and the community for many decades.

“The hotel has hosted Australian and world leaders, rockstars and corporate titans, as well as being the setting for innumerable wedding proposals, celebratory receptions and birthday parties,” said Mr Woods.