Park Inn by Radisson Carlton, located in Melbourne, has a history dating back to the mid-20th century, evolving through various branding iterations to become a well-established accommodation option.

Originally built in 1963 and last renovated in 2011, the property at 441 Royal Parade, Parkville, has operated under names such as Vibe Carlton, Quality Hotel by Choice Hotels Carlton and Parkmore Hotel, reflecting its adaptability and appeal to a range of travellers over the years.

Now being rebirthed as the Park Inn By Radisson Melbourne Carlton, its consistent operation and periodic updates underscore its potential for sustained performance in the Melbourne hospitality market, benefiting from its proximity to key Melbourne attractions, universities, and transport links.

Strategic capital expenditure is planned for the Parkmore Hotel Carlton, encompassing a comprehensive refurbishment to introduce a distinctive modern-retro aesthetic, thereby enhancing the property's market positioning and appeal. This redevelopment initiative includes the addition of premium poolside cabana amenities and ground-floor rooms with direct pool access, anticipated to significantly elevate guest experience and broaden the hotel's competitive set. These enhancements are projected to drive revenue growth and substantially increase the asset's terminal capital value within the robust Melbourne hospitality market.