The Mantra hotel presence in Tasmania is set to increase with the acquisition of two properties – the Hotel Collins in Hobart and the Hotel Charles in Launceston.  The hotels will rebrand as Mantra Collins Hotel Hobart and Mantra Charles Hotel Launceston on 30 April 2015.

The new hotels will increase the number of Mantra Group hotels in Tasmania to six, joining Mantra One Sandy Bay Road in Hobart and the three regional Peppers properties – Peppers Seaport Launceston, Peppers York Cove and Peppers Cradle Mountain Lodge.

Mantra Group negotiated an off-market opportunity to secure the leaseholds from Tasmanian businessman Lyndon Jago, who currently markets the hotels under the Stay Tasmania brand.  Mantra Group will now operate the hotels under a lease agreement with owners Sultan Holdings Pty Ltd in Hobart and Joseph Chromy in Launceston.

Mantra Group CEO Bob East said the new hotels were a significant addition to the Mantra portfolio:

“Hobart and Launceston are strong markets and with forecasted domestic leisure visitation growth, future market conditions are favourable for each,” said Mr East.

“Both hotels have an excellent reputation, ranking in the top ten for their respective cities on TripAdvisor, and they are an ideal addition to the Mantra brand with their dual leisure and corporate appeal.”

Hotel Collins was constructed in 2009 and boasts an enviable location in the heart of Hobart's waterfront district. Rising from the building's original 1950's facade, the modern hotel tower consists of 80 guest rooms and apartments, all stylishly furnished with a contemporary design, with views of Mt Wellington, Queens Domain or the waterfront.  A Boardroom is available for small meetings and a 50 seat restaurant is open seven days for breakfast, lunch and dinner.

Hotel Charles opened in July 2010 as part of an iconic Launceston redevelopment. While the interior has been completely rebuilt, the art deco facade of the building has been carefully retained.  The hotel has 99 contemporary rooms and an extensive range of facilities including a 60 seat restaurant, conference room for up to 60 delegates, guest lounge, and private dining room and boardroom.  Arguably Launceston's premier hotel, supported by its #1 ranking on TripAdvisor, Hotel Charles is located on cosmopolitan Charles Street, just a five minute walk to the heart of the CBD.

ABOUT MANTRA GROUP

Mantra Group is a leading manager and marketer of hotels and resorts in Australia, New Zealand and Indonesia and operates three well-known and trusted brands – Peppers, Mantra and BreakFree. With 116 properties and over 12,500 rooms under management, Mantra Group is the second largest accommodation operator in Australia. The Group is positioned to offer both leisure and business style accommodation ranging from full service city hotels and self-contained apartments to luxury resorts and retreats: www.mantragroup.com.au; www.peppers.com.au; www.mantra.com.au; www.breakfree.com

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