Marriott enters the Papua New Guinea market with hotel apartments brand
Marriott International, Inc. announced it has signed an agreement with Steamships Trading Company Ltd. to debut its first hotel in Papua New Guinea, the Marriott Executive Apartments Port Moresby. Slated to open in mid-2023, the hotel is set to be located in the heart of Port Moresby within the mixed-use development of Harbourside South.
“This is a significant milestone signing and testament to the confidence our owners have in our brands and distribution systems,” said Sean Hunt, area VP, ANZ and Pacific for Marriott International.
“Following our signing of Marriott Executive Apartments in Melbourne earlier this year, this second signing for the brand is set to strengthen our offering that caters to guests looking to mix business and leisure travel with a ‘home away from home’ feeling for longer stays.”
Geoff Cundle, chairman of Steamships, commented, “I’m delighted that Steamships will work with Marriott International at Harbourside South. Located in the CBD district of downtown Port Moresby and overlooking the Coral Sea and Fairfax Harbour, this is set to be a flagship development for Steamships, and the Marriott Executive Apartments is an excellent fit within the overall Harbourside precinct.
Marriott Executive Apartments Port Moresby is anticipated to feature 88 residential apartments. The new property is slated to feature one and two-bedroom apartments with separate living, sleeping, and working areas. Additional amenities within the hotel include laundry services, kitchens equipped with a refrigerator, dishwasher, cooktop, microwave and oven, and four to six-seat in-room dining areas.
Marriott Executive Apartments Port Moresby will be part of the new Harbourside South development which also includes a retail floor and three floors of commercial space. It will connect to the Harbourside East and West buildings on Port Moresby’s waterfront, which opened in 2015. The development offers quality commercial tenancies, the city’s finest restaurants and bars, a boardwalk, and marina.
Steamships Trading Company Ltd is listed on the Australian Securities Exchange (ASX) and Papua New Guinea’s National Stock Exchange (PNGX) and is part of the wider Swire Group, which includes the Hong Kong listed Swire Pacific Ltd, owners of Swire Hotels, Cathay Pacific Airways and other subsidiaries
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