Radisson Hotel Group signs Canterbury International Hotel Melbourne as a member of Radisson Individuals
Celestial Capital is pleased to announce the signing of Canterbury International Hotel Melbourne to Radisson Hotel Group under its Radisson Individuals brand—marking the second Radisson asset within the Celestial portfolio and the brand’s debut in Melbourne.
This strategic affiliation underscores Celestial Capital’s continued focus on unlocking value through targeted repositioning and global brand alignment. The 74-room hotel will undergo a staged enhancement program, commencing with a soft refurbishment ahead of rebranding, followed by further capital works designed to elevate product positioning and operational performance.
Situated on Springvale Road within Melbourne’s key south-east commercial corridor, the asset benefits from immediate proximity to the Tally Ho Business Park and the broader Monash employment precinct—one of Australia’s largest and most established corporate catchments. This location provides a strong foundation of corporate and transient demand, positioning the hotel to deliver resilient occupancy and rate growth post-repositioning.
The signing reflects a broader strategy by Celestial Capital to partner with leading international operators while maintaining a capital-efficient model that drives both income stability and asset value uplift. Through Radisson Individuals, the property will leverage global distribution, loyalty platforms, and brand recognition—while retaining the flexibility required to execute a tailored repositioning strategy.
This milestone further reinforces Celestial Capital’s growing relationship with Radisson Hotel Group and highlights the group’s ability to identify, reposition, and institutionalise hotel assets across key metropolitan markets.