Wyndham Destinations Asia Pacific has boosted its presence in Queensland with the acquisition of a majority freehold interest in a 105-room Airlie Beach resort on the spectacular Whitsunday Coast.
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.
The deal was brokered by CBRE Hotels agents Wayne Bunz and Hayley Manvell. Mr Bunz, National Director of CBRE Hotels, commented: “Wyndham’s timing of the purchase of this iconic asset in the Whitsundays is excellent, with 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, which will certainly cater for the region’s next growth boom.”
Mr Robinson said he is excited to have secured the property on the beautiful Whitsunday Coast.
“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.
Wyndham Destinations Asia Pacific is part of Wyndham Destinations (NYSE:WYND), the world’s largest vacation ownership and exchange company featuring more resorts than the next two largest vacation ownership companies combined and close to one million members.
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