Quest shows confidence in Perth with plans to double room numbers in state

Quest shows confidence in Perth with plans to double room numbers in state
Jonathan ChancellorDecember 7, 2020

Quest Serviced Apartments is more than doubling its room numbers in Western Australia over the next two years. 

Three of the properties are located in central Perth on Adelaide Terrace, Kings Park Road and Mounts Bay Road, in response to increasing demand from a thriving corporate sector.
 
The other two properties are located on Flinders Lane in Rockingham and the corner of Pakenham and Short Streets in Fremantle

Providing accommodation to around 30,000 business travellers annually, Quest currently operates nine properties in WA at Bunbury, Harbour Village, Mandurah, on James, Rheola, Scarborough, South Perth, West End and Kalgoorlie.

When doors open on the five new properties, Quest will offer a total of 871 rooms across the state, anticipating hosting more than 60 thousand extended-stay business travellers each year – a 128% increase on the existing number.

All five properties have received development approval with construction commenced on all except Fremantle and Adelaide Terrace, both of which are expected to see works start in the next month.

Quest chief Zed Sanjana said Perth had leading occupancy rates with high room yield growth.

“The demand in the West is being primarily driven by the corporate market and we feel the time is right to capitalise on these strong economic indicators and push our growth, with five new developments underway to more than double our current room numbers.”

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.

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