11 Aug 2023
EVT APPOINTED AS NEW OPERATOR FOR SYDNEY'S TANK STREAM HOTEL
The hotel will transition to Rydges Australia Square in 2024
Today, Boon Lee Tan, CEO of IGB Berhad, announced that following an extensive review, EVT Hotels and Resorts is the new operator of Sydney's Tank Stream Hotel with the hotel now operating under completely new EVT management.
Initially placed as part of the Independent Collection by EVT, the property will undergo a staged refurbishment over the next 9 months to minimise guest disruption and will be re-branded as Rydges Australia Square in mid-2024.
Centrally located in the heart of the Sydney CBD, directly adjacent to Australia Square and just minutes from the Sydney Opera House, the planned refurbishment will encompass guest rooms, Ground Floor and Level 1 as well as food and beverage areas.
Norman Arundel, EVT Director of Hotels and Resorts, said: “We are thrilled to be
undertaking an exciting new partnership with IGB Berhad. The Tank Stream is currently the perfectly positioned Sydney CBD hotel, and when the refurbishment is complete the property will be a great addition to the Rydges portfolio of hotels and resorts. The Rydges brand continues to expand with this property becoming the 45th in the portfolio across Australia and New Zealand.
Boon Lee Tan, CEO of IGB Berhad, said: "We are pleased to partner with EVT in taking over the operation of the Tank Stream Hotel. We are also delighted to have a hotel under the Rydges brand by next year, which enjoys such a strong presence in Australia. We believe EVT's experience, local agility and track record of market leading results will bring significant value to the future success of the property."
EVT's Rebecca Hamey has been appointed General Manager of the Tank Stream Hotel. Rebecca has more than 15 years' industry experience, most recently as General Manager of QT Bondi, and is looking forward to overseeing the renovation of the property.
“It is hard to beat the location of the hotel, and I am looking forward to working with the team to transform the property and to bring the refreshingly local service that Rydges is famous for to our guests,” Rebecca said.
EVT looks forward to applying its extensive local expertise across food and beverage, conference and events, marketing, distribution and revenue services, to deliver exceptional results for IGB Berhad.
-ENDS-
Rydges Hotels and Resorts are brought to you by EVT.
About Rydges
Rydges Hotels operate quality city, suburban and resort-style hotels in key destinations across Australia and New Zealand, with a refreshingly down-to-earth approach. For more than 30 years, Rydges have provided genuine local hospitality with quality essentials alongside its trademark 'too easy' service.
The group accommodates more than one million guests each year across a range of market segments, including corporate, conference, government, leisure, inbound and domestic groups and international travellers, with a focus on creating a home-away-from-home for every guest.
Community minded, Rydges is committed to supporting the local areas in which they operate, while delivering exceptional service that is guaranteed to exceed guest expectations and make the day better.
The Rydges portfolio appeals to both leisure and business travellers looking for quality and value and sits alongside the broader EVT stable of hotel brands including Atura Hotels, QT Hotels and Resorts, LyLo and Independent Collection by EVT.
About EVT
Entertainment businesses that excite every sense. Commercial Ventures driven by a passion for new opportunities. Travel businesses that always feel local and authentic.
In a world of cookie-cutters, EVT is reshaping what's possible in experience and commercial opportunity. Backed by our team of Daymakers, we go all the way to elevate our people, customers, communities, and environment every day.
Entertainment: 140+ Cinema Experiences | 150+ Bars and Restaurants | Wellness
Event Cinemas AU & NZ | BCC Cinemas| Rialto Cinemas | The Embassy | CineStar Germany | Moonlight | Skyline Drive In | Cinebuzz OnDemand | State Theatre | SpaQ |Thredbo leisure Centre & Golf Course | Rydges Formosa Golf Course
Ventures: ~$2B Property Portfolio | Partnerships
EVT Property Development| EVT Hotel Management | EDGE CT | EVT Media & Sponsorship | EVT Partnerships |The Parlour Lane Company
Travel: 70+ Hotels | Australia's number 1 Ski Resort
QT | Rydges| Atura| Lylo | Independent Collection by EVT | Thredbo
ASX top 200: EVT | ~$1Bn Annual turnover |$2Bn+ Market Cap | Team of ~9000
Get to know us better at evt.com
