Marriott International Inc. announced it has signed an agreement with Melbourne-based property development company, Capital Alliance, to introduce the AC Hotels by Marriott brand to Australia.

The 200-room AC Hotel by Marriott Melbourne Southbank hotel expects to open in 2020 as part of a dynamic multi-use development.

“We are thrilled to be collaborating with Capital Alliance to bring a new lifestyle brand to Melbourne and Australia,” said Richard Crawford, senior director of development, Australia, New Zealand and Pacific, Marriott International.

“The AC Melbourne Southbank underscores the growing demand we’re seeing in Australia for premium lifestyle hotels that offer style and functional design, as well as authentic and memorable travel experiences connected to the location.”

The hotel will feature collaborative spaces, including the signature AC Lounge, a modern co-working space for creative gatherings. The development will also include a wide range of leisure facilities, including an infinity pool, a 24-hour fitness centre and three food and beverage offerings, including the AC Lounge.

This marks the second deal between Marriott International and Capital Alliance, with Melbourne Marriott Hotel Docklands currently under construction.

“We are really excited to team up with Marriott International to bring a new hotel to Fishermans Bend. We believe in the potential of this area, just as we believed in Melbourne Docklands, and it’s great that Marriott International shares our confidence. Just a stone’s throw from the city, Fishermans Bend is going to redefine inner suburban living and the AC Melbourne Southbank will attract sophisticated and discerning travellers to the area,” said Mohan Du, founder and chief executive, Capital Alliance.