One Global Resorts will expand to Parramatta with the introduction of a curated boutique hotel offering to its portfolio, comprised of 36 premium serviced apartment-style units in Parramatta.
It sees One Global Resorts (OGR) reposition a selection of larger-format residences within the building formerly known as SKYE Parramatta.
The Parramatta portfolio, valued at approximately $25 million, offers a flexible
accommodation model suited to both short and extended stays.
Located a five minute walk from Parramatta Station and Parramatta Square, the property is also well positioned to service both business and leisure travellers in Sydney’s rapidly evolving second CBD.
Iwan Sunito, Chairman and Group CEO of One Global Capital, said the portfolio expansion reflects the group’s confidence in the region’s continued growth, as well as its long-standing relationship with Parramatta.
Sunito’s involvement in the hotel sector in the suburb began over a decade ago.
“Parramatta is a suburb on the move and a critical part of Sydney’s future. Having delivered more than 750 apartments in the area in the past, with a value approaching half a billion dollars, we have a strong connection to this market and a clear understanding of its potential,” Sunito said.
The offering will reflect One Global Resorts’ commitment to excellence in design, convenience and elevated guest stays, with the hospitality platform shaped around the concept of urban resorts, spaces that blend design, nature and human experience within the city.
As part of the transition, One Global Resorts will introduce automated check-in technology to enhance the arrival experience, guest convenience and operational efficiency.
Sunito will lead a program of progressive upgrades to both the building and interiors, further refining the 36 units into an even more elevated boutique offering.
The upgrades will focus on elevating the in-room experience and overall guest comfort, while maintaining the flexibility of serviced apartment living and delivering a premium One Global Resorts stay.
“We’ve selected the larger-format apartments within the building, as they align closely with our brand standards and the experience we aim to deliver,” Sunito added.
“Our focus has been on securing the right product rather than scale, ensuring a high-quality, consistent offering as we continue to grow our portfolio.”
Troy Dodds is Parra News' Managing Editor and Breaking News Reporter. He has more than 20 years experience as a journalist, working with some of Australia’s leading media organisations. In 2023, he was named Editor of the Year at the Mumbrella Publish Awards.