The new management agreement commenced today (1 August, 2024) at the property in the eastern Melbourne suburb of Ringwood.
The hotel was constructed in 2021 and is owned by Serene Capital. It becomes the sixth EVT hotel in Melbourne.
“We are thrilled to welcome Rydges Ringwood into our portfolio,” says Norman Arundel, director of EVT Hotels and Resorts.
“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.
“We are excited to work with Serene Capital, and this management agreement represents a strategic alignment of interests, bolstered by EVT’s strong distribution networks and loyalty programs.
“We are eager to leverage these strengths to drive the success of Rydges Ringwood and explore future opportunities with Serene Capital.”
Rydges Ringwood features 103 guest rooms; The Orchard Bar and Grill, which offers a locally sourced menu with indoor and outdoor dining; two connecting meetings and event spaces; a health and fitness centre; and onsite parking.
Situated at the foothills of Dandenong Ranges and near the Yarra Valley region, Rydges Ringwood offers guests access to the popular tourism spot.
“Serene Capital is delighted to partner with EVT to add what is now known as Rydges Ringwood,” says Serene Capital CEO Glen Boultwood.
“The property is by far the best quality hotel in Ringwood and it will withstand the test of time.”
