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Former Young Rich Lister Paul Fischmann buys back restored Mantra Terrace Hotel in Brisbane for $2m less than what he sold it for in 2013

Developer Paul Fischmann sold the Mantra Terrace Hotel to Singaporean investors for $18m in 2013 and has bought it back, fully refurbished, for $16m. ....

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Sydney brothers buy Whitsundays island for $20m

A Sydney hotel group has snapped up an iconic Whitsundays island resort as Australian buyers eye more Queensland tourism gems. ....

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What Daydream Island is likely to fetch after huge revamp

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by Chris Herde
Premium Content
Subscriber only
While Australian holiday-makers and investors have rediscovered some of Queensland s most iconic island resorts the Chinese owner of one of them has been quietly putting feelers out to potential buyers.
Sources says Daydream Island s owner, China Capital Investment Group, has been in talks about the chances of offloading the resort in the Whitsundays.
Daydream Island is one of many of Queensland s most recognised offshore resorts that are in foreign hands including Lizard Island, Heron Island, Wilson Island, Hayman Island, Lindeman Island and South Molle Island.
CCIA bought Daydream Island in 2015 after then owner Vaughan Bullivant dropped his asking price from $65m to $30m. ....

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HVS Asia Pacific Hospitality Newsletter - Week Ending 2 April 2021

HVS Asia Pacific Hospitality Newsletter - Week Ending 2 April 2021
hospitalitynet.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hospitalitynet.org Daily Mail and Mail on Sunday newspapers.

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