In big luxury hotel news for the city, a brand new Hyatt hotel will call a new $600 million Woollongabba precinct home, reports brisbanetime.com.au. 

The Hyatt Place Brisbane hotel is scheduled to open in 2023, and will hold a strategic position close to the planned Cross River Rail. The hotel will include 170 rooms, rooftop bar and pool, café, gym and 24-hour food market. 

The hotel will be part of the South City Square development, a collaboration between Pellicano and Perri Projects. When complete, the mixed-use lifestyle precinct will be home to a Woolworths, childcare centre, cinema, offices, retail, and residential apartments. Construction on the project began in 2016, with development to be completed in stages. 

Pellicano development manager for Queensland Michael Kent said the agreement is ‘absolutely huge’ for the development and also the city. 

"It just again continues to reinforce the positive growth of Brisbane and its attractions to global businesses such as Hyatt," he said

Lord mayor Adrian Schrinner is confident this move by Hyatt shows how far Brisbane has come. 

“Brisbane has emerged as Australia’s new world city, however, just five years ago we were forgoing 121,000 visitors every year as a result of a shortage in internationally recognised, full-service hotel rooms,” Mr Schrinner said.

“For the first time in a decade, the city now offers a wide range of new luxury accommodation options, supporting our $7.5 billion tourism industry and record visitation to the city.”

Hannah Schuhmann said this wave of new 4 and 5 star luxury hotels, many being global brands, is a great sign for Brisbane. Tourism numbers and expenditure is strong, plus with huge projects on the horizon including Queens Wharf, Cross River Rail, and the Brisbane Quarter to name but a few, we are well on our way to being a World City!