Dusit invests $550m in massive resort

Thai hotel group Dusit International will partner with Brookwater Resort Investments to build a $550 million golf and spa resort overlooking the existing Greg Norman-designed Brookwater golf course at Springfield between Brisbane and Ipswich.

The Dusit Thani Brookwater Golf & Spa Resort at First Residence is one of the largest foreign investment resort in Australian history and is backed by Hong Kong fund manager Maxsen Capital.

When completed, the resort – the first on Australian soil for the legendary Thai hospitality brand – will feature a total of 520 luxury resort apartments, a tennis stadium equipped to host international tour events, a water park, a retail emporium, an aquatic centre, and a convention complex set to host conferences, exhibitions and events of all sizes
The $110 million first stage will include 168 luxury apartments, a recreation club, four restaurants, beach style lagoon pools, lap pools, children’s water slides, gymnasium with café, bridal centre, wedding chapel, wedding chapel and event function area, and beach lagoon plus the Dusit Thani’s own Devarana Spa.

Stage 1 is due to start construction early next year ahead of a soft opening in late 2016.

The development is in Springfield, conveniently located within 20 minutes of Brisbane’s central business district and just 30 minutes from the Gold Coast, Australia’s premier tourist destination. Additionally, two international airports are within easy reach of the area.

AN68-2-DN-Dusit Thani Brookwater 300x225Chanin Donavanik, chief executive officer of Dusit International said, “We are very proud of our company heritage; of exporting the very best of Thai culture to different areas of the world including Nairobi, California and the Maldives. Our brand of Gracious Hospitality has been well-received the world over and we hope the Australian community will also embrace our unique offering.

“This resort is the perfect opportunity for Dusit to make its entry into this new market and it represents a significant point in the company’s development. We are confident that alongside our partners World Group UK and Maxsen Capital, the Dusit Thani Brookwater Golf & Spa Resort at First Residence will add even more value to this growing community of families, professionals and individuals seeking the very best in residential and leisure services in Australia.”

Dusit operates 24 luxury brands across Asia, the Middle East and the USA including such destinations as the Maldives, Dubai, California, Bangkok, Delhi and a large portfolio in Thailand, with an additional 31 projects in development, including major expansion in China.

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