The Wyndham group has bought a majority freehold interest in the former Peppers Airlie Beach resort – two years after its initial bid for the 4.5-star resort collapsed.
The US timeshare giant, which exchanged contracts on the North Queensland tropical resort in 2017 before the deal fell through, swooped to buy a stake in the property when it was re-listed in September.
Now the group has secured 59 of the 106 strata apartments and villas in the hillside complex, with the property to be rebranded Club Wyndham Airlie Beach Whitsundays
The sale price is believed to be between $15 and $20 million.
Wyndham Vacation Clubs president Barry Robinson, said: “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.”
“We look forward to sharing this beautiful location with our almost 60,000 Club Wyndham timeshare owners and guests, who will love the stunning scenery and excellent facilities.”
Wyndham will also own and operate the onsite food, drink and conferencing facilities across the 1.8ha resort, which encompasses a restaurant and bar, infinity pool and spa, gym and meeting spaces.
Tourists can get a fish’s eye view of marine life off the coast of Queensland following with the opening this week of two underwater hotel rooms known as Reefsuites.
For $799 a night, guests can stay in ensuite rooms with floor-to-ceiling windows overlooking Hardy Reef some 40 miles off the coast of Airlie Beach.
The submerged rooms are part of Reefworld Pontoon, a $10m structure built to replace a cyclone-damaged pontoon in the Whitsunday Islands.
Queensland tourism minister Kate Jones has described the development as “one of the most iconic tourism experiences in Australia.”
A former hat factory will become Sydney’s newest hotel, with Sydney-based developer Hanave lodging a development application for a $40 million, 114-room hotel in the heritage-listed ex-home of ladies hat manufacturers RC Henderson.
Located at 13 Randle Street in Surry Hills, the proposed development will include infill buildings on either side of the seven-storey factory as well as a two storey rooftop addition. The new adjoining buildings are designed to complement the exterior of the existing building.
The Tonkin Zulaikha Greer-designed accom, known as The Hat Hotel, will retain original masonry, timber posts and beams, floor structures and ceilings and will feature a new connecting link between Randle Lane and Randle Street.