AUSTRALASIAN LEADERS
opportunity for development lies within third party management of existing properties. It’s a capability Vista is pioneering in Australia. Our impressive team of industry experts, established systems, centralised operating models plus ESG expertise powered by Pro-invest, means we can provide ways for owners and investors to optimise their assets at any and every stage of the hotel lifecycle. From planning through to opening and operation, as well as conversions and repositioning – we’re looking forward to building third party management as a key offering to help owners realise the potential of their asset and drive greater returns for the sector. And while Vista will be redefining how to work with owners by tailoring resources and providing third party management services, our white label approach is being brought to market too. This ensures we can engineer the best brand-fit solution to suit a new or existing hotel, drawing on our network to creatively partner with a raft of global brands, or access our own portfolio of global and independent brands. It provides the best of both worlds; no need to select a brand because of a management company, or a management company because of a brand. It’s another way Vista’s committing to a more dynamic management approach for the future of our sector. Our outlook is optimistic and ambitious for the year ahead, underpinned by our unrivalled versatility and the collective expertise our talented team. n
A. Patrick Imbardelli Director, Vista Hospitality Group
Opportunity in third-party management of existing properties. 2022 WAS A watershed year for Vista Hospitality Group Australasia, launching last March with the ambition of creating a new-era approach to hotel management. The joint venture between Pro-invest Group and Next Story Group brought together unparalleled bench strength to the sector, identifying the time was right to change the landscape of options for how hotels are developed, operated and optimised. Taking this leadership position was a bold step as our industry emerged from the shellshock of a global pandemic, and Vista Hospitality Group entered the market with an end-to-end suite of hospitality business resources under one umbrella and versatile brand-fit solutions. While Vista launched with a 2,000+ room foundation portfolio including our own independent brands, together with opening two new properties in 2022 – managing pre-opening, centralised sales, marketing, IT plus day-to-day operations on behalf of global brands voco and Hotel Indigo – 2023 is where we see our multidimensional approach come to the fore. There are exciting signings for new hotel builds and projects to be announced in the coming year, but the 98
HM The Business of Accommodation
Vista launched in 2022 with a 2000+ room portfolio
SNAPSHOT: VISTA HOSPITALITY GROUP Year company founded: 2022 Year first hotel opened: 2022 Brands in organisation: 7 Current number of hotels and rooms: 13 properties; 2,000 rooms Head office location: Sydney