Kusido Hospitality changes to StayWell

KUSIDO Hospitality and Property Group has changed it corporate name to StayWell Hospitality Group.

Staywell is the owner of the Leisure Inn and Park Regis brands and was established in June 2006 with six properties in its portfolio and has now grown to a total of 23 properties in Australia and Asia.

Properties currently operating or under development are located in Australian capital cities including Sydney, Brisbane, Melbourne and Hobart as well as regional areas such as Launceston, Hunter Valley, Newcastle, Blue Mountains, Cairns and Townsville. Park Regis Singapore is also under development, with completion expected in late 2009.

Several further announcements of property acquisition and development in Australia, Asia and Europe are expected before the end of the 2007/08 financial year.

Coinciding with the StayWell Hospitality Group launch, the head office has relocated the HSBC Building at 580 George Street.

Australian Property Journal