News for the Hospitality Executive
11 October 2011 - Outrigger Hotels & Resorts today announced it had entered into an agreement to purchase the management rights and associated real estate assets of the hotel property currently operating as the Holiday Inn Surfers Paradise.
The sale includes the management rights from Colryan Pty Ltd (managers and receivers appointed) for up to 414 hotel rooms and the real estate assets from Seasilver Hotels Pty Ltd comprising reception, extensive conferencing areas, and restaurant and bar.
The contract is subject to the satisfaction of standard commercial conditions. However, it is expected to settle in late 2011 or early 2012 and the property will then be re-branded to Outrigger Surfers Paradise.
Outrigger Hotels & Resorts is a 64-year-old privately-held U.S. company and one of the fastest growing hospitality groups in the Asia-Pacific and Oceania regions. The hotelier has a long association with the Gold Coast after selecting the destination as its base to expand the brand from the U.S. into Australia in 1998.
The company’s decision to invest in Surfers Paradise’s tourism sector is also a major show of confidence it has for the Gold Coast and builds upon the presence of its Australian head office in Surfers Paradise.
Regional General Manager-Australia, Grant James, said he was extremely confident in the future of the Gold Coast’s tourism industry.
“The Gold Coast has fared much better than other regions in Queensland which can be evidenced by our other Gold Coast resort at Coolangatta eclipsing revenue and occupancy forecasts for the 2011/2012 period,” Mr James said.
His belief in a rebounding domestic tourism market was echoed by the release last month of Tourism Australia’s National Visitor Survey stating that domestic tourism was on the rise with June recording a jump in domestic travellers by 8 per cent.
“Despite current global economic woes, there is a lot of positive news coming out of the Gold Coast which includes the opening of two new five-star hotels, construction of the Gold Coast light rail and planned runway extension at Gold Coast International Airport to allow direct flights from China.
“We are pleased to be back in the heart of Surfers Paradise and we’re looking forward to working with local industry and operators and making a positive contribution to the local economy,” Mr James added.
The addition of Outrigger Surfers Paradise boosts the hotelier’s portfolio to four in Australia, which numbers close to 1,000 rooms, and almost 11,200 rooms internationally.
Located on a prominent site on Gold Coast Highway and fronting View Avenue, the hotel is 100 metres from the beach and one block from Cavill Avenue. Built in 1986, it was originally branded the ANA Hotel.
About Outrigger Enterprises Group
Outrigger Enterprises Group is one of the largest and fastest growing privately-held leisure lodging and hospitality companies in the Asia-Pacific and Oceania regions and continues to expand its presence throughout the area. A family-owned company with more than 64 years of hospitality experience, Outrigger runs a highly-successful, multi-branded line of hotels, condominiums and vacation resort properties, including Outrigger® Hotels & Resorts, OHANA® Hotels & Resorts, Outrigger Condominium Collection®, Embassy Suites®, Best Western®, Courtyard® by Marriott, and Wyndham Vacation Ownership®. Currently, Outrigger operates and/or has under development 45 properties with close to 11,200 rooms located in Hawaii; Australia; Guam; Fiji; Bali; Phuket, Thailand; Koh Samui, Thailand; Vietnam; and China. Outrigger Enterprises Group also operates and develops hotel properties and hospitality-related retail and real estate opportunities for partners in Hawaii, the Pacific, the mainland USA and Asia. For on-line information, log on at www.outriggerenterprisesgroup.com and www.outrigger.com
Outrigger Hotels & Resorts
Ph: + 61 7 5504 0623
Mb: 0408 207 698
MarkPR Pty Ltd
Ph: +61 7 3368 3456
M: 0417 797 670
Richard R. Kelley, Board Chairman Emeritus of Outrigger Enterprises
Group, Honored with the Lifetime Achievement Award in Hawaii,
Recognizing His Leadership in Hawaii's Visitor Industry / October
Appoints Jim Heather as General Manager for the 309-room Keauhou Beach
Resort on the Big Island, Hawaii / September 2011
Appoints Chris Gampon as General Manager of Outrigger Kiahuna
Plantation on Kauai / August 2011
Names Dr. Charles R. Kelley Board Chair; Dr. Richard R. Kelley Named
Chairman Emeritus; David Carey Continues as President and CEO /
Gerbig-Hussey Appointed as General Manager for the Outrigger Aina Nalu
in Lahaina on Maui / August 2011
Laguna Phuket Resort and Villas in Thailand Adds 19 New Suites with
Pool, Gym and Restaurant in the Same Complex / August 2011
“Freddie” Billena Named Executive Chef for Kani Ka Pila Grille at
Outrigger Reef on the Beach in Waikiki, Hawaii / August 2011
Enterprises Group Appoints Nicole Nagashima as Director of Sales &
Marketing / June 2011
Czeschka Appointed as the Executive Chef at the Outrigger Laguna Phuket
Resort and Villas in Thailand / June 2011
Appoints Kevin Aucello as Vice President of Hawaii Development /
Appoints Leon Pink as General Manager of the New Outrigger Koh Samui,
Thailand / February 2011
Hotels and Resorts Asia Signed to Open and Manage the 81-key Outrigger
Koh Samui Resort and Spa in Bhoput Beach, Koh Samui, Thailand /
Hotels and Resorts Signs Agreement with Developer ITC Spectrum, LLC, to
Co-design and Manage a Luxury Resort to be Built On the Central Coast
of Vietnam at Vinh Hoi Bay / July 2010
|Outrigger Appointed Manager for Laguna Phuket Resort and Villas in Phuket, Thailand / June 2009|
Heather Named General Manager of the 405 room Wyland Waikiki, Which is
being Rebranded a Courtyard by Marriott Waikiki Beach / March 2009
|Outrigger Enterprises Group Names Darren J. Edmonstone as Senior Vice President - Asia / October 2008|
Keauhou Beach Resort, Managed by Outrigger Enterprise Group, Giving 310
rooms a Complete Makeover / September 2007
De Santos Named General Manager of the Outrigger Aina Nalu Resort on
Maui / March 2007
Condominium Collection Appoints Key Executives; Charles Okazaki Named
General Manager of the Outrigger Kanaloa at Kona / June 2005