Veriu Group

The Veriu Group (and its related entities) have owned, operated and managed hotels in the Australian market for over 30 years. The Veriu Group is comprised of over 3,000 rooms/apartments operating across 21 sites and a further 17 sites in development across both the Veriu Hotels & Suites and Punthill Apartment Hotels brands. The Veriu brand was founded in 2016 as an entry into the boutique hotel accommodation space, with an emphasis on creating individual and unique accommodation experiences that connect people with places. There are currently five Sydney based locations under the brand, with Veriu Broadway, Veriu Camperdown, Veriu Randwick, Veriu Green Square and Veriu Central; two Melbourne based locations – Veriu Queen Victoria Market and Veriu Collingwood, with further hotels in the pipeline. In 2018, the Group announced the acquisition of the 30-year-old Melbourne-based Punthill Apartment Hotel Group brand, and now has in operation 14 properties under this brand in strong corporate travel driven locations. With a highly efficient and dependable business model for operations, revenue management, distribution and sales and marketing, the business demonstrates experience in maintaining above market performance in Sydney, Melbourne and Brisbane and is primed for future growth with a strong pipeline of development opportunities across the country.