The first Parkroyal hotel opened in Melbourne, Australia in 1961.
In 1986, the world's first Parkroyal Saigon Floating Hotel with 186 rooms was built by Bethlehem Shipyard in Singapore and anchored in Queensland, Australia in 1987. The hotel was later towed across the Great Barrier Reef to the Saigon River in Vietnam and operated there till 1997. Parkroyal Saigon returned to Vietnam in January 2008 and this time as the first atrium style hotel .
Parkroyal is one of the hotel chains that uses forefront information technology. In 1999, Parkroyal is one of the first hotel chain in the world to use the SAP R3 ERP and FCS Winsuite software for its hotels. In 2002, Parkroyal is the first hotel chain in Malaysia to use the Micros Fidelio Opera Property Management System and Material Control system.
On January 18, 2000, Bass Hotels & Resorts purchased the Southern Pacific Hotels Corporation (SPHC) from the Pritzker family. SPHC managed or franchised 59 hotels throughout the Asia pacific. These included 24 hotels in Australia, 13 hotels in New Zealand, 8 in the Southern Pacific Islands and 14 in the rest of Asia. SPHC owned, leased, managed or franchised hotels under the name Parkroyal and Centra.
In 2002, UOL Group subsidiary Hotel Plaza Limited purchased the naming right of Parkroyal from Six Continents.
Parkroyal Hotels & Resorts Pte Ltd became the wholly owned subsidiary and hotel management arm of Hotel Plaza Limited
In 2011, the Parkroyal brand marked its return to its birth city of Melbourne where it was founded in 1961 when it took over Hilton Melbourne Airport's premises.
Parkroyal can be found in key cities or major gateways in Asia Pacific and can be identified with its distinct Vanda orchid logo. The hotels include Parkroyal on Beach Road, Singapore, Parkroyal on Kitchener Road, Parkroyal Darling Harbour Sydney, Parkroyal Parramatta Sydney, Parkroyal Melbourne Airport Tullamarine, Parkroyal Kuala Lumpur, Parkroyal Penang, Parkroyal Yangon and Parkroyal Saigon.
| Name of Property | No. of Rooms | Location |
|---|---|---|
| Parkroyal on Beach Road | 350 rooms | Singapore |
| Parkroyal on Kitchener Road | 531 rooms | Singapore |
| Parkroyal Serviced Suites | 90 rooms | Singapore |
| Parkroyal Melbourne Airport | 276 rooms | Australia |
| Parkroyal Darling Harbour Sydney | 345 rooms | Australia |
| Parkroyal Parramatta | 531 rooms | Australia |
| Parkroyal Kuala Lumpur | 348 rooms | Kuala Lumpur, Malaysia |
| Parkroyal Serviced Residences | 288 rooms | Kuala Lumpur, Malaysia |
| Parkroyal Penang | 330 rooms | Penang, Malaysia |
| Parkroyal Saigon | 146 rooms | Ho Chi Minh City, Vietnam |
| Parkroyal Yangon | 359 rooms | Yangon, Myanmar |