Mulpha Group is investing $100 million to reinvent the resort which will be rebranded as Hayman Island, by Intercontinental, according to News Corp.
IHG has signed a management agreement that will see the hotel group take over management of Hayman Island, rebranding it as Hayman Island, by InterContinental. The new InterContinental branded hotel will open in 2019, following significant investment to refurbish the product.
The 166-room hotel is the only property on the 400ha island and will showcase world-class facilities, rooms and suites in one of the world’s most unique locations, accessible via Hamilton Island and then by either luxury vessel or helicopter. In addition to the hotel, Mulpha Australia Limited will offer a bespoke collection of homes for sale to those who want to own a piece of heaven on Hayman Island.
The landmark agreement with Mulpha Australia Limited also sees IHG continue with a long-term agreement to manage both InterContinental Sydney and InterContinental Sanctuary Cove Resort.
Greg Shaw, CEO, Mulpha Australia Limited, added: “We are delighted to continue our successful partnership with InterContinental Hotels and Resorts and look forward to an exciting period of investment to reinforce our leading position in the Australian luxury hotel market”
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HG currently has 47 hotels operating under four brands across Australasia: InterContinental, Crowne Plaza, Holiday Inn and Holiday Inn Express with a further 19 in the pipeline including Hotel Indigo and EVEN Hotels.
