Peppers to operate Canberra property sold by 8Hotels and move in to CBD markets

George Sell George Sell Uploaded 11 June 2014

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Australia: Peppers is to take over management of the Diamant Hotel in Canberra’s Central Business District.

The property, along with its Bicicletta restaurant was sold by 8Hotels to Mantra Group in an off market transaction. It will be the first CBD property in Australia for Peppers, when it is rebranded next month.

The Peppers brand started as a small group of boutique hotels 30 years ago, expanding to include larger coastal resorts over the last 10 years before moving in to metropolitan style accommodation with the opening of Peppers Broadbeach in 2010. Most recently the brand moved into Asia with the opening of Peppers Sentosa Seminyak in Indonesia.

Peppers will also manage the hotel component of the new-build mixed-use development in the Docklands Melbourne precinct to open in 2016.

Bob East, CEO of Peppers' parent company Mantra Group said: "This is a historic announcement for Peppers and the first of many CBD properties we have planned for Australia and New Zealand. We have felt for some time that the Peppers brand would work in CBD locations and needed to find the right property to align with the Peppers name. The quality and location of the Canberra hotel is a worthy choice to be the first CBD property for the group. We are off to a great start with our Peppers CBD network with the Canberra and Melbourne signings and look forward to announcing further additions over the next two years."

The Diamant will rebrand as Peppers Gallery Hotel Canberra in July and offer 80 hotel rooms with Bang and Olufsen plasma TVs, iPod docking stations, plunger coffee makers, free broadband access, bathrooms with rain shower and marble vanity tops, and original art works throughout.

www.peppers.com.au

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