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Gurner moves into luxury hotels ahead of anticipated upswing

Melbourne-headquartered developer Gurner is continuing to diversify into hotels, as investment activity in Australia’s hospitality sector is tipped to rebound swiftly after a COVID-related plunge in 2020.

Gurner Port Douglas
Gurner says it intends to deliver new levels of luxury to Far North Queensland. Image: Gurner

Melbourne-headquartered developer Gurner is continuing to diversify into hotels, as investment activity in Australia’s hospitality sector is tipped to rebound swiftly after a COVID-related plunge in 2020.

Gurner recently announced the acquisition of a beachside plot in Port Douglas, where it is planning a $60 million ultra-luxury hotel and private residences complex.

The project will feature 16 luxury homes and 18 boutique hotel rooms, while Gu…