EVT is set to launch a Rydges hotel near Victoria’s renowned Yarra Valley region when it takes management of Sebel Ringwood on August 1, under an agreement with owner, Serene Capital.
The hotel, which was constructed in 2021, will be rebranded as Rydges Ringwood, marking EVT’s sixth hotel in the Melbourne area.
“We are thrilled to welcome Rydges Ringwood into our portfolio,” said EVT Hotels and Resorts Director, Norman Arundel.
“The competitive selection process highlighted EVT’s commitment to quality management practices and exceptional guest experiences.
“This management contract aligns with our strategy to enhance the Rydges brand presence and reinforces our commitment to offering quality accommodation to our guests.”
Located in the fast-growing suburb of Ringwood, at the foothills of the Dandenong Ranges, the property features 103 guest rooms – a mix of studios, one- and two-bedroom apartments with courtyard balconies – all of which feature a kitchen or kitchenette, workspace, flat screen TV, and high-speed internet.
The onsite restaurant Orchard Bar and Grill offers a locally sourced menu with indoor and outdoor dining options. There are two connecting meeting and event spaces available, equipped with the latest audio-visual technology; and guests can avail of state-of-the-art facilities in the health and fitness centre.
“The property is by far the best quality hotel in Ringwood and will withstand the test of time,” said Serene Capital CEO and Co-Founder, Glen Boultwood, who expressed his enthusiasm about the partnership.
The opening of Rydges Ringwood represents EVT’s strategic commitment to expand the Rydges portfolio. EVT says its local expertise and operational capabilities were a key factor for Serene Capital and that EVT will ensure “agile responsiveness” to market dynamics.
“We are excited to work with Serene Capital, a relationship that prioritises trust and alignment,” Arundel said.
“This management agreement represents a strategic alignment of interests, bolstered by EVT’s strong distribution networks and loyalty programs.”
EVT is hopeful that a strong partnership with Serene Capital could lead to further collaborations in the future.
“We are eager to leverage these strengths to drive the success of Rydges Ringwood and explore future opportunities with Serene Capital,” Arundel added.