Sheraton, Westin and Denarau Fiji hotel resorts sold for $280m
The Sheraton Fiji Resort, The Westin Denarau Island Resort & Spa and the Denarau Golf & Racquet Club have sold for FJD $280m (AUD $179m) to the Fiji National Provident Fund (FNPF) in a deal brokered by Rob Cross of CBRE Hotels.
Seen as another sign of investor confidence in the region, the 236-room Pullman Nadi Bay Resort and Spa marks the debut of the luxury Pullman brand in Fiji.
InterContinental Hotels Group (IHG) will open the 453-room Crowne Plaza Fiji Wailoaloa Beach, the largest ever hotel in Fiji marking the debut of the brand in the heart of the South Pacific, 10 minutes from Nadi International Airport.
Australasian travellers are set to be energised with hotels and airlines promoting ‘wellness’
The travel experience is set to be enhanced with the EVEN Hotel Auckland and Qantas' new Perth - London long haul flights offering holistic wellness through exercise, diet and amenities
Ramada presence in Vanuatu welcomed at official opening of Port Vila Resort
Vanuatu’s Prime Minister, Charlot Salwai, was among the dignitaries to celebrate the official opening of Ramada Resort Port Vila, Wyndham Hotel Group’s first property in the island nation.
Ascott acquires majority stake in Quest Apartment Hotels for A$180 million to become largest serviced residence provider in Australasia
CapitaLand’s wholly owned serviced residence business, The Ascott Limited (Ascott), is acquiring an additional 60% stake in Quest Apartment Hotels (Quest) for A$180 million (S$191 million).
JLL Hotels & Hospitality Group sells Four Seasons Resort Bora Bora
Developer Thierry Barbion and Alatau Hospitality, an investment fund of Lancaster Group Kazakhstan led by Kassym Abzhanov, sold the resort to a private equity hospitality fund led by Gaw Capital.
Moana Sands Lagoon Resort to open in Muri Beach, Rarotonga
Muri beach will soon be home to the latest Moana Sands development, joining Moana Sands Beachfront Hotel and Moana Sands Beachfront Villas situated in Titikaveka and Vaimaanga beaches respectively.
Kokomo Island, Fiji's newest luxury private island resort
The ‘passion project’ of Australian property developer Lang Walker, Kokomo Island is a hidden gem located on the edge of the celestial Kadavu Island Group.