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Melbourne's inner city, already set to benefit from the $1.7 billion Melbourne Arts Precinct Transformation Project in 2028, will receive another boost to tourism with the announcement that diversified property developer Time & Place, along with joint venture partners MaxCap Group, and Australia's TFE Hotels, will open a $150m boutique hotel in Southbank in September 2025.
Australian hospitality chain TFE Hotels last week, unveiled the Adina Serviced Apartments Vienna, featuring 131 rooms. This new venture follows their earlier foray into Vienna with the Adina Apartment Hotel Vienna Belvedere launched in 2021. They're also planning to open another 108-room facility in the DANUBEFLATS, Austria's highest upcoming residential building, next year.
TFE Hotels is continuing to ramp up its presence in Europe with the opening of Adina Apartment Hotel Geneva in Switzerland's very first international hotel hub. The Adina - TFE's first hotel in Switzerland - together with precinct neighbours Intercity B&B, and the nearby Marriott, adds around 1000 room keys to the lucrative local market.
Brisbane-based Amanda Hoolihan, in the newly created Global Revenue Officer role, will work to enhance TFE's revenue management practices and drive innovation, and ultimately results, for the group.
Like her fellow Global Officers in their respective disciplines, Shahnaz Bakhshay has played a prominent role in the success of TFE's sales function over the past 19 years, having led the sales division in ANZ since 2016.