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Rich Lister adds luxury Townsville hotel to his travel portfolio

Rich Lister adds luxury Townsville hotel to his travel portfolio

The 132-room Ardo is a short helicopter flight from Computershare founder Chris Morris’s newest tropical getaway, the $20k-a-night Pelorus Private Island.

Tess BennettTechnology reporter

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What do you do if the staff at your new luxury hotel can’t find a place to live? Buy four motels to house them.

That’s how Rich Lister Chris Morris managed to attract international hospitality workers to Ardo, his new $88 million venture in Townsville, a city with the lowest unemployment rate in Queensland and a rental vacancy rate of 1 per cent.

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Tess Bennett
Tess BennettTechnology reporterTess Bennett is a technology reporter with The Australian Financial Review, based in the Brisbane newsroom. She was previously the work & careers reporter. Connect with Tess on Twitter. Email Tess at tess.bennett@afr.com

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Original URL: https://www.afr.com/life-and-luxury/travel/rich-lister-adds-luxury-townsville-hotel-to-his-travel-portfolio-20240123-p5ezia