Australia’s gaming and entertainment group Echo Entertainment has announced plans to invest $345m to construct a new hotel tower in Gold Coast and renovate the entire Jupiters complex.

Upon completion in early 2018, the new six-star, 17-storey Jupiters Hotel will offer more than 70 luxury suites in the new tower, in addition to the existing 592 rooms.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

Queensland premier Annastacia Palaszczuk said: "More than 800,000 international visitors already come to the Gold Coast each year and my government is committed to working with the tourism industry to continue growing those numbers.

"The new rooms will help accommodate the games’ visitors and attract tourists for decades to come.

"The new rooms will help accommodate the games’ visitors and attract tourists for decades to come."

"They start flowing now with construction of the new tower expected to create 500 jobs on-site and a further 350-400 off-site supporting the construction activities."

See Also:

Echo Entertainment’s latest investment is expected to deliver 1,700 jobs. The Jupiters Hotel will add to the Gold Coast’s current stock of six-star accommodation, Palaszczuk said.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Amenities to be offered by the hotel include new restaurants, bars and landscaping.

Echo Entertainment CEO Matt Bekier said the project was a celebration of the Gold Coast.

Mr Bekier said: "To that end, we have been working with local designers and international architects to ensure it resonates with the local community, as well as its broader domestic and international appeal."

Echo Entertainment Group chairman John O’Neill said the company proposes to assist in the transformation of the Gold Coast before, during and after the 2018 Commonwealth Games.