Adelaide’s Hilton Hotel has changed hands for the first time in more than 30 years after being acquired by Amora Hotels & Resorts.
The hotel’s sale was negotiated by CBRE Hotels on behalf of 233 Victoria Square Hotel for an undisclosed sum.
CRBE’s Michael Simpson said the sale was a “generational acquisition” that will be supported by a pipeline of private and public infrastructure projects.
“Following the recent completion of the A$2.3 billion Royal Adelaide Hospital, $500 million Australian Bragg Centre and $450 million Central Market redevelopment, further notable projects will include Government funded innovation districts and defence projects which are expected to further drive corporate and event demand,” Simpson said.
Amora Hotels & Resorts is a family-run hospitality group that operates a range of hotel properties across Australia and Thailand, including the award-winning Amora Hotel Jamison Sydney.
Amora Hotels & Resorts owner, Earp Siriphatrawan said the acquisition will help the hospitality group further establish a “strong presence” in Australia.
"We are delighted to welcome the iconic Hilton Adelaide into the Amora Hotels & Resorts portfolio, marking a significant milestone in our expansion strategy,” Siriphatrawan said.
“Adelaide, with its vibrant tourism and business landscape, presents an exciting opportunity for growth.
“This addition will bring immense value to our guests, stakeholders, and the broader Amora community.”
Adelaide’s Hilton Hotel occupies a 3,556 sqm site with 377 guest rooms, 20 conference and meeting rooms, a business lounge, a tennis court, a gymnasium and a swimming pool.
