At Least 100 Victorian Jobs Await As Malaysia-Based Tune Hotels Chain Opens New Branch In Melbourne This Year
By Frances Samson | June 17, 2013 7:04 PM EST
At least one hundred Victorian jobs are expected to be generated as the Malaysia-based global Tune Hotels opens its new 225-room hotel and operational headquarters in Melbourne later this year.
The new hotel, located on Swanston Street near the corner of Queensberry, is nearing completion and is expected to formally open in November.
According to the company's chief executive Mark Lancaster, the new Melbourne hotel is just the beginning of more Australia expansion projects. Also in the pipeline are 15 budget accommodations to be built nationwide in the next five years.
Tune Hotels is part of a consortium owned and controlled by Tune Group founder Tony Fernandes. The chain operates a total of 30 hotels in seven countries. Fernandes is also the CEO of budget airline Air Asia X which flies into some parts of Australia.
On Monday, Mr. Fernandes said they put up a regional office in Melbourne because they believe Australia is an important and viable location for their strategic investments.
"Like AirAsia, we'll just build as many as we can and see how far we can go," the CEO said.
Premier Dennis Napthine, meanwhile, gladly received the news of Tune Hotel's venture into the Australian market. He said more jobs can be created not just by the new hotel but also by the company's soon-to-open regional headquarters.
Mr. Napthine is currently leading a trade summit to attract at least 300 Victorian businesses to the region.
"There's every opportunity for the market to grow. This is a different segment of the market for tourism and travel," he said.
Many business observers liken Mr Fernandes' Tune Group to the Virgin Empire of British tycoon Richard Branson. They say it is the Asian counterpart of Mr. Branson's conglomerate, expanding from the airline business into hotel chain and insurance investments.
At present, Air Asia X flies only nine times a week into Melbourne. But Mr. Fernades disclosed plans to increase the number of flights to three or four times daily. Efforts are also underway to convince the Federal Government to allow direct flight services from Malaysia.
Mr. Fernandes likewise revealed that his group is keen on forming partnerships with Australia to expand his group's insurance business.
To contact the editor, e-mail:
Most Popular Slideshows
- 2014 MTV Video Music Awards: Full List Of Winners, Miley Cyrus ‘Wrecking Ball’ Bags Video Of The Year [PHOTOS]
- Top 5 Richest Tennis Athletes
- Kate Middleton’s Mom Accused Of Being A Social Climber, Prince George Not Seen By Relatives
- Kate Middleton First Official Solo Trip: Details For Malta Tour Revealed [PHOTOS]
Join the Conversation
- United Airlines Flight Diverted as Passengers Fought Over Anti-Seat Reclining Device
- ISIS Posts Threats On Twitter, Works Around California Earthquake Hashtags, Pressures US To Respond To #StevensHeadinObamasHands
- Product Recall Alert: Hewlett-Packard Pulls Out 6M Power Cords from US, Canada Over Fire Hazard Concerns, Australia Also Affected
- Iceland Volcano: Bardarbunga Stricken by 5.7 Magnitude Earthquake But Still No Eruption, Magma Could be Going Elsewhere
- Canadian Bank Thanks Its Customers Through Surprise Gifts In ATM [VIDEO]
- Why Moto X is Not the Best Smartphone to Purchase Now?
- Nexus 6 Release Date Will Intro Android 5.0 aka Lemon Meringue Pie with Killer Specs & Features
- Hundreds of Men Rape Teen for Three Years
- Apple iPhone 6 Release Date Two Weeks to Go Starting at $800 with New Phosphorus HealthKit Chip
- Samsung Galaxy S5 Mini vs. LG G3 S (aka LG G3 Beat, LG G3 Mini) – Specs, Features And Price Showdown
- iPhone 6 Release Date Update: 4.7-Inch Model Scores 65.8% In Screen-To-Size Ratio; A Surprise Entry Scales Top Spot [List Attached]
- Bill Shorten Calls Tony Abbott 'Ineligible' To Lead Australia; Government Party-Room Leaks On Abbott'sTravel Entitlements