Holiday Inn Express & Suites Sunshine Coast in Maroochydore Town Centre — Photo by IHG

Leading Australian hotel investment and development company, Pro-Invest, will open a Holiday Inn Express & Suites Sunshine Coast in Maroochydore Town Centre in 2020, following the purchase of a prime site in Maroochydore and lodgement of a development application with Economic Development Queensland for a new select-service upper midscale hotel.

The 167- room hotel will be located in the heart of the new Maroochydore CBD, which is set to become the commercial and administrative hub of the rapidly growing Sunshine Coast region.

Pro-Invest has a Master Development Agreement with InterContinental Hotels Group (IHG®) to develop and operate the Holiday Inn Express brand in Australia and New Zealand under franchise. Holiday Inn Express & Suites Sunshine Coast will be Proinvest's sixth in the pipeline for the brand, adding to the four already open in Adelaide, Sydney Macquarie Park, Newcastle, and Proinvest's other Queensland property, Holiday Inn Express Brisbane Central, which opened in 2017.

The nine-storey Holiday Inn Express & Suites is planned to have 167 rooms, a swimming pool, bar and dining venue, conference and function facilities, and ground-level retail.

The new Maroochydore CBD is set to be a vibrant hub of commerce, technology, innovation, entertainment and inner-city living, and will - according to Queensland Premier, Annastacia Palaszczuk - "cement the Sunshine Coast as one of Queensland's, and Australia's, best-performing regional economies."