Three Accor-operated assets, totalling 575 rooms, present significant sale and rare optionality in one of Australia’s most resilient markets.
Savills Australia and New Zealand has been exclusively appointed to manage the divestment of Action Hotels’ Victorian portfolio, comprising three strategically located, Accor-operated hotels across metropolitan Melbourne.
With a combined capacity of 575 rooms, the offering is one of the largest hotel portfolio opportunities to hit the Australian market in 2025. The high-profile portfolio includes:
- Novotel Melbourne South Wharf (347 rooms): A 4.5-star, large-scale CBD asset positioned in one of Melbourne’s most successful mixed-use precincts. The hotel enjoys direct connectivity to the Melbourne Convention and Exhibition Centre, DFO South Wharf, and the Crown Entertainment Complex.
- ibis Melbourne Glen Waverley (155 rooms): A freehold suburban hotel situated in Melbourne’s eastern growth corridor, benefiting from strong local trading performance, a diversified income base, and medium-to-long-term development potential.
- ibis Budget Melbourne Airport (73 rooms): A rare airport precinct accommodation offering, with high occupancy driven by consistent air traffic and proximity to key infrastructure. The property presents value-add potential through repositioning or operational uplift.
The portfolio will be offered individually, in any combination, or as a complete set, creating flexible entry points for a broad range of investors, from institutional funds to high-net-worth private capital.