Resort

If you’ve ever dreamed of owning a Gold Coast holiday resort, now’s your chance. A property listing for the Mantra Garden Resort and Apartments, also referred to in marketing materials as Coomera Garden, was among …

Some of Australia’s wealthiest resort island and boutique hotel owners are anticipating a rush of new business as cashed-up Australians eschew traditional European holiday boltholes in Sardinia and Provence.

South Stradbroke Island’s popular eco-tourism resort McLaren’s Landing has sold, price undisclosed.

Major resorts and hotels including the multi-billionaire Oatley family’s flagship Hamilton Island in Queensland’s Whitsundays have closed, while Malaysian gaming giant Mulpha has shut its newly refurbished ultra-luxe InterContinental Hayman Island as the spread of COVID-19 continues apace.

After walking away from two major hotel deals in Sydney and regional NSW, Chinese-backed Silkari Hotels has weighed into the sleepy north Queensland tourism bolthole of Port Douglas.

Luxury holiday resort Ocean Grove Chalet is up for sale a year after opening, with a price tag of $6.995 million to $7.6 million.

Hotelier Jerry Schwartz has snapped up one of the key assets of the collapsed Ralan Group at a $32 million discount.

Royal Caribbean has stolen a march on its rivals, including Carnival, taking a 75-year lease on an island in Vanuatu to offer passengers a private destination on its South Pacific cruises.

There are few status symbols that hold up to owning an island and, for those looking to take the plunge, the stunning coastline of Australia has a range of sublime islands for sale.