By Peter Milne
International hotel brand Hyatt Regency and the owner of its Perth home have agreed to part ways, leaving a rebranding and change of management 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.
The hotel at the Tuan Sing-owned complex on Adelaide Terrace has been run by Hyatt Regency since 1988.Credit: Hyatt
The agreement was mutual and will allow “the property will be re-positioned and rebranded”, according to a statement by the Singaporean company.
Tuan Sing plans to announce details on the future of the site in coming months.
“It will remain a hospitality venue offering both short and long-stay accommodation to guests, with no plans for the site to close during the changeover process,” a company spokesman said.
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.
Premier Roger Cook said he did not think the move was a response to falling demand for hotel accommodation.
“We continue to see higher and higher visitation rates, with higher expenditure,” he said.
“The tourism industry is worth some two to three billion dollars more today than it was pre-COVID.”
On Monday, another Singaporean owner of a Perth Hotel, Low Keng Huat, announced the start of the second stage of its $35 million renovation of the 27-year-old Duxton Hotel in a 1962 building at 1 St Georges Terrace, originally built for the Australian Tax Office.
Cook said he thought the Hyatt’s issues were unique to the location, and was diplomatic when asked about the appearance of the building.
“It really represented everything that Western Australia was going to be in that post-Americas Cup world,” he said.
It’s done such great service to the people of WA … we’ve all got fond memories of the Hyatt, and we’ll be sad to see it go.”
Then-Perth-based builder Multiplex completed the combined office, hotel, retail and hospitality site in 1984, using more than four million of the face bricks that give it its uniquely 1980s look. The hotel was first called The Merlin before becoming a Hyatt Regency in 1988.
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