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
- Prince William & Kate Middleton Caught Flirting In A Countryside Dinner Date [PHOTOS]
- Kate Middleton’s Mom Accused Of Being A Social Climber, Prince George Not Seen By Relatives
- Prince William & Kate Middleton Boards London Train in Casual Disguise, Royal Couple’s Incognito Plan A Huge Hit [PHOTOS]
- Angelina Jolie & Brad Pitt’s Top Secret Wedding Tramps Jennifer Aniston’s ‘Friends’ Reunion & Pregnancy Talks [PHOTOS]
Join the Conversation
- 5.5-Inch iPhone 6 is iPhone Air on Sept 19 Release Date: 5 Things to Consider Before Buying
- Pricey iPhone 6 on Release Date Likely but with 3X Retina Resolution & Mobile Payment Service – Reports
- Nexus 6 Release Date Update: Moto X+1 Look Leaked, Nexus X or Shamu Moved to Demo Phase
- Google Nexus 8 Confirmed as HTC T1 aka Volantis/Flounder with Freshly-Leaked Specs & Features – Reports
- Europe, US Next on ISIS’ Hit List, Says Saudi King; Seized ISIS Laptop Reveals Terrifying Bio-Warfare Plans
- iPhone 6 On Release Date To Feature Qualcomm MDM9625M LTE, 1GB RAM, Mobile Payment Deal With AMEX, 1334x750 Display
- HTC One M8 for Windows Vs. Nokia Lumia Icon, The Battle Of Windows Phones