SEASONS HOTEL NEWMAN/77 Newman Drive Newman WA 6753

CBRE Hotels is pleased to present to the market Seasons Hotel Newman a continually strong performing regional accommodation asset offering a significant footprint, in land and rooms, in the resource-rich, north-west of Western Australia. 

Positioned at the entrance of the Newman town centre, this 89 room asset presents an opportunity to purchase a highly profitable long-term accommodation business, with substantial growth and expansion potential, as the WA resources sector goes from strength to strength. 

Investment Highlights: 

- An established hotel comprising 89 accommodation rooms, a la carte dining, bar, swimming pool and conference facilities
- A 2019 annual occupancy of 51% with an average room rate of $175 per night
- 31% of FY19 annual revenue was achieved in the last quarter  highlighting the impact of the ramping up of resources projects in the area 
- Limited competing accommodation assets in Newman
- Significant landholding of 2.90Ha* with potential to add room count if desired