Canberra Airport will partner with Toga Far East Hotels, under the Vibe Hotel brand, in a new 191-room hotel.
The seven-storey hotel will be built near the new terminal's entrance.
Airport managing director Stephen Byron said Vibe Hotels was chosen as the winning brand with TFE Hotels' understanding of the airport's vision for the future.
“TFE Hotels is a leading hotel operator in Australia and operates the highly-respected Adina Apartment Hotels, Medina Serviced Apartments, Rendezvous Hotels, Vibe Hotels, Travelodge Hotels and Hotel Kurrajong Canberra," Mr Byron said.
TFE Hotels is a joint venture between Australian family-owned company Toga Group and Far East Hospitality, Singapore's largest private property developer.
“Canberra Airport is excited to be embarking on this venture with TFE Hotels, particularly as it strengthens the regional relationship with Singapore, one of Australia's most important economic, intellectual and trading partners."
The airport says the project is worth $50 million.
Toga Group managing director Allan Vidor says the airport partnership will provide business and leisure travellers with convenient 4.5 star accommodation at the airport and just a stone's throw from the CBD.
“The announcement of this iconic new Vibe hotel is testimony to Canberra Airport's commitment to maintaining its position as Australia's leading airport and its strong vision for the Canberra region.”
Mr Byron also unveiled the winning design for the hotel by architectural firm Bates Smart, engaged for the building and interior design after a design competition conducted last year.
Situated just 150 metres from the entry to the new terminal, the building will be centred on a full height atrium featuring a large ground floor intermingle zone with reception, bar, restaurant and conferencing facilities.
The hotel will have a business travel focus and will provide sweeping views over Lake Burley Griffin to Parliament House, and across the runway to the east.