Marriott Signs First Property in Papua New Guinea

(12 September 2022, 11:34 +07)  Marriott has signed an agreement with Steamships Trading, to open its first property in Papua New Guinea.

Slated to open in mid-2023, the Marriott Executive Apartments Port Moresby will be located in the heart of the capital city within the Harbourside South mixed-use development.

Harbourside East and West on Port Moresby’s waterfront opened in 2015 offering commercial tenancies, some of the city’s finest restaurants and bars, a boardwalk and marina.

Marriott Executive Apartments Port Moresby

“Located in the CBD district of downtown Port Moresby, overlooking the Coral Sea and Fairfax Harbour, this is set to be a flagship development for Steamships,” said Geoff Cundle, Chairman of Steamships. “The Harbourside precinct connects Harbourside South’s retail, commercial, leisure and residential facilities with the existing commercial floors and F&B outlets of Harbourside East and West. Residents and guests of Marriott Executive Apartments Port Morseby will be able to live, shop, relax, work and dine within the luxury and safety of the precinct – the first of its kind in Papua New Guinea.”

Marriott Executive Apartments Port Moresby is expected to feature 88 one and two-bedroom apartments with separate living, sleeping, and working areas.

The apartments will feature kitchens equipped with a refrigerator, dishwasher, cooktop, microwave and oven, and dining area.

Upon opening, Marriott Executive Apartments Port Moresby will feature a lounge for residents and guests that offers a relaxed environment for light meals, self-service options and evening cocktails, while additional plans call for a leisure floor with a lap and leisure pool, fitness center, three spa treatment rooms, and a recreational zone for children.

“We are excited to work with Steamships to debut Marriott’s first property in Papau New Guinea,” said Sean Hunt, Area Vice President, Australia, New Zealand and Pacific, Marriott International. “Following our signing of Marriott Executive Apartments in Melbourne earlier this year, this is an exciting signing and testament to the confidence our owners have in this brand.”

Steamships Trading is listed on the Australian Securities Exchange (ASX), Papua New Guinea’s National Stock Exchange (PNGX) and is part of the Swire Group, which includes Hong Kong-listed Swire Pacific, owner of Swire Hotels, Cathay Pacific Airways and numerous other subsidiaries.

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