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Travel Weekly > News > Daydream Island goes up for sale
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Daydream Island goes up for sale

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Published on: 22nd November 2012 at 9:46 AM
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Daydream Island Resort and Spa has been placed on the market, with a targeted marketing campaign to find a “suitable” buyer already underway.

The owner of the 4.5 star Whitsundays property, Vaughan Bullivant, said that after 20 years, the time is right to sell the property. But he insisted he will search for a “suitable operator” to take the property forward.

“My preferred purchaser would be one that would continue with the current management structure whilst being prepared to inject some further investment into the property to ensure it remains at the forefront of tourism in Queensland,” he said.

Chief executive officer Phil Casey confirmed a comprehensive review of any forthcoming offers would take place to ensure the 296-room resort’s future is “secure” and continues to build on recent successes.

“Daydream Island has just completed a very positive 12 months of trading which is extremely pleasing considering the tourism industry has had a very difficult time in recent years,” he said.

Meanwhile, director of sales Ral Italiano assured wholesalers and the travel industry that all agreements will be honoured, and stressed the importance of maintaining strong relationships with its partners going forward.

CBRE Hotels Brisbane has been appointed to broker the sale, with expressions of interest called for by noon of March 14.

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