Peppers Airlie Beach sold to Wyndham Destinations
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Peppers Airlie Beach sold to Wyndham Destinations
Wyndham Destinations Asia Pacific is set to boost its presence in Queensland after acquiring the Peppers Airlie Beach resort on the Whitsunday Coast in a deal negotiated by CBRE Hotels agents Wayne Bunz and Hayley Manvell.
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CBREThe site of the Club Wyndham Airlie Beach Resort.
Wyndham Destinations Asia Pacific has set its sights on Queensland's Whitsunday Coast, with the company announcing the purchase a majority freehold interest in Peppers Airlie Beach resort.
Barry Robinson, President and Managing Director, International Operations, Wyndham Vacation Clubs, said the property will be rebranded Club Wyndham Airlie Beach Whitsundays and will be available for almost 60,000 Club Wyndham timeshare owners.
As part of the acquisition, Wyndham Destinations Asia Pacific will also own and operate the onsite food and beverage and conferencing facilities.
Boasting a magnificent location overlooking the Whitsunday Passage, Club Wyndham Airlie Beach features an open-air restaurant and bar, infinity pool and spa, gym, conference facilities and undercover parking.
sSource: CBRE
The deal was brokered by CBRE Hotels agents Wayne Bunz and Hayley Manvell, with Mr Bunz describing the timing of the acquisition as "excellent".
"The region’s accommodation market witnessing a strong resurgence off the back of a growth in rate and occupancy, and with over $200 million committed for new and improved infrastructure across the Whitsunday region, there will be enough to cater for the region’s next growth boom.”
Mr Robinson said he was excited to have secured the property on the beautiful Whitsunday Coast.
SSource: CBRE
“A gateway to the spectacular Whitsunday Islands, Airlie Beach is a vibrant tropical destination popular with travellers from all over the world and is somewhere our timeshare owners have been asking us to enter for some time,” he said.
“We are excited to secure this deal as we are committed to growing our presence in regional Australia, and this acquisition is in line with that strategic intent.
"We look forward to sharing this beautiful location with our Club Wyndham timeshare owners and guests, who will love the stunning scenery, excellent facilities and personalised and memorable experiences that will be offered at Club Wyndham Airlie Beach.”
The addition of Club Wyndham Airlie Beach takes the Wyndham Destinations Asia Pacific managed resort portfolio to 70 properties across Australia, New Zealand, Fiji, Indonesia, Thailand, Hawaii, Europe and Japan.
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