Central Element

CENTRAL ELEMENT – 25 HOURS HOTEL

Reimagining an icon.

WHEN

Work Completed February 2023

Project currently under construction

WHERE

Paddington, Sydney

WHAT

Market & commercial studies completed for leading Australian property developers Central Element.

Paddington’s West Olympia Theatre is in the midst of an incredible transformation, evolving into Sydney’s 25 Hours Hotel. The hotel will boast 110 luxurious guest rooms, a breathtaking rooftop bar, a serene central courtyard, eclectic restaurants and cafes, live music facilities, a bathhouse for relaxation and wellness and ground floor retail.

SERVICES

Market assessment, commercial forecast & review:

  • Market assessment and competitive set for four brands
  • Commercial forecast for each venue, consolidated 5 year P & L, SWOT analysis
  • Commercial feasibility review, brand positioning and price point review
  • Commentary on existing assumptions and forecast

centralelement.com.au

PROJECT PARTNERS

Hotel partner: Ennismore


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