Event Hospitality & Entertainment Limited (EVENT) has announced that the Sydney CBD 280-room Tank Stream hotel will join Event as part of its growing Affiliate Hotel network, coming online in late October.

The Tank Steam hotel will continue to feature its own branding while being part of the extensive EVENT hotel network. Supported as an affiliate partner, The Tank Stream will benefit from access to EVENT's established distribution network, sales and marketing platforms and inclusion in the extensive Priority Guest Rewards loyalty program.

Norman Arundel, Hospitality & Entertainment Director of Hotels and Resorts said: “We are committed to supporting the Australian travel and hospitality industry and are thrilled to forge this new partnership with The Tank Stream hotel.

“Working together, we will support The Tank Stream team to drive business and achieve the best results possible in the market, delivering the benefit of our robust systems and industry knowledge to extend their market reach, while maintaining their unique brand identity.

“The Tank Stream is the latest hotel to come under the EVENT banner, after the opening of the Adelaide Oval hotel at the end of September. We understand that some hotel owners want to maintain their own brand and independence, and we are committed to offering flexible partnerships that align with individual needs, while delivering our strong distribution power and online presence to maximise profitability and growth.”

Mr. Boon Lee Tan, Deputy Group Chief Executive Officer of IGB Berhad, owner of The Tank Stream hotel said, “Our focus and commitment at IGB is on offering simple, well designed and exceptional value to travellers. We are excited to work with the passionate team at EVENT. This partnership will enable us to continue to grow our market share both in the Australian market and more broadly, as travel and tourism re-opens.”

The Tank Stream is situated above the Sydney Tank Stream, the site of Sydney's first water supply. The 280-room hotel blends contemporary accommodation with the heritage and history of its location alongside quality facilities and services and an inclusive one-rate concept which includes a complimentary non-alcoholic welcome mini-bar, coffee and tea, in-room movies, high speed WiFi and premium amenities.

Located in the heart of Sydney's central business district and within close proximity of Martin Place, Circular Quay, Sydney Opera House and Barangaroo, The Tank Stream is perfect for both the corporate and leisure traveller.  

-ENDS-

ABOUT EVENT HOSPITALITY AND ENTERTAINMENT

Event Hospitality & Entertainment Limited (EVENT) is a leading entertainment, hospitality and leisure company.  Founded in 1910 and headquartered in Sydney, EVENT is at the forefront of the experience economy and delivers millions of experiences annually.  

EVENT owns the largest cinema circuits in Australia, New Zealand and Germany under the brands Event Cinemas, Birch Carroll and Coyle, Cinestar, Greater Union and Moonlight Cinema.  EVENT also own and operate more than 60 hotels including Rydges Hotels and Resorts, QT Hotels and Resorts, Atura Hotels and JUCY Snooze. 

In the leisure space, EVENT operate Australia's number one ski resort, Thredbo Alpine Resort and one of Australia's oldest theatres, the State Theatre.  The Company also owns a substantial property portfolio.

EVENT is committed to protecting and giving back to the communities in which it operates through a focus on sustainability, fundraising and diversity.  

EVENT listed on the Australian Securities Exchange (ASX) and trades under the ASX code of EVT.