Hotel Online
News for the Hospitality Executive


advertisement


Outrigger Hotels & Resorts Agrees to Purchase Management Rights and
Real Estate Assets for Holiday Inn Surfers Paradise in Australia

Hotel to be Rebranded to Outrigger Surfers Paradise

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
.
Contact:

Grant James
Outrigger Hotels & Resorts
Ph: + 61 7 5504 0623
Mb: 0408 207 698
Em: grant.james@outrigger.com.au

Released through:
Corina Ammann
MarkPR Pty Ltd
Ph: +61 7 3368 3456
M: 0417 797 670
 
 Receive Your Hospitality Industry Headlines via Email for Free! Subscribe Here

To Learn More About Your News Being Published on Hotel-Online Inquire Here
 
Also See: Dr. 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 2011

Outrigger Appoints Jim Heather as General Manager for the 309-room Keauhou Beach Resort on the Big Island, Hawaii / September 2011

Outrigger Appoints Chris Gampon as General Manager of Outrigger Kiahuna Plantation on Kauai / August 2011

Outrigger Names Dr. Charles R. Kelley Board Chair; Dr. Richard R. Kelley Named Chairman Emeritus; David Carey Continues as President and CEO / August 2011

Sheila Gerbig-Hussey Appointed as General Manager for the Outrigger Aina Nalu in Lahaina on Maui / August 2011

Outrigger Laguna Phuket Resort and Villas in Thailand Adds 19 New Suites with Pool, Gym and Restaurant in the Same Complex / August 2011

Ferdinand “Freddie” Billena Named Executive Chef for Kani Ka Pila Grille at Outrigger Reef on the Beach in Waikiki, Hawaii / August 2011

Outrigger Enterprises Group Appoints Nicole Nagashima as Director of Sales & Marketing / June 2011

Robert Czeschka Appointed as the Executive Chef at the Outrigger Laguna Phuket Resort and Villas in Thailand / June 2011

Outrigger Appoints Kevin Aucello as Vice President of Hawaii Development / April 2011

Outrigger Appoints Leon Pink as General Manager of the New Outrigger Koh Samui, Thailand / February 2011

Outrigger Hotels and Resorts Asia Signed to Open and Manage the 81-key Outrigger Koh Samui Resort and Spa in Bhoput Beach, Koh Samui, Thailand / December 2010

Outrigger 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

Jim 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

The Keauhou Beach Resort, Managed by Outrigger Enterprise Group, Giving 310 rooms a Complete Makeover / September 2007

Barrett De Santos Named General Manager of the Outrigger Aina Nalu Resort on Maui / March 2007

Outrigger's Condominium Collection Appoints Key Executives; Charles Okazaki Named General Manager of the Outrigger Kanaloa at Kona / June 2005
.

To search Hotel Online data base of News and Trends Go to Hotel.OnlineSearch

Home | Welcome | Hospitality News
| Industry Resources

Please contact Hotel.Online with your comments and suggestions.