International hotel brand Hyatt Regency and the owner of its Perth home have agreed to part ways leaving an opening for a new manager of the sprawling brick complex in East Perth.
Tuan Sing Holdings announced on Monday that the Adelaide Terrace hotel would cease to be managed by Chicago-based Hyatt from September 1 2024.
The agreement was mutual and will allow “the property will be re-positioned and rebranded” according to a statement by the Singaporean company.
The complex has housed the headquarters of Andrew Forrest’s Fortescue for almost two decades, but the iron ore miner announced in 2023 it would move into a St Georges Terrace building near QV1 vacated by Chevron.
Then Perth-based builder Multiplex completed the combined office, hotel, retail and hospitality site in 1984 using more than four million face bricks that give it its uniquely 1980s appearance. The hotel was first called The Merlin before becoming a Hyatt Regency in 1988.
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