Mantra to Open Peppers Hotel on Australian Gold Coast

26th July 2010 (Last Updated July 26th, 2010 18:30)

Mantra Group has unveiled plans to open the first new five-star hotel on Australia's Gold Coast for more than ten years. The company signed an agreement with Niecon Developments to manage its A$850m ($758m) twin residential tower development at Broadbeach, which will contain 505 resid

Mantra Group has unveiled plans to open the first new five-star hotel on Australia's Gold Coast for more than ten years.

The company signed an agreement with Niecon Developments to manage its A$850m ($758m) twin residential tower development at Broadbeach, which will contain 505 residences.

The towers, to be branded Peppers Broadbeach, will represent the Peppers hotel brand's first metropolitan project, according to goldcoast.com.au.