About Priava's Technology - Priava is a cloud-based and centralised venue and event management system aimed at venues of all sizes. With its familiar and easy-to-use web interface, the…read more
Chinese investors buy Daydream Island
The China Capital Investment Group has bought Queensland’s Daydream Island Resort for around $30 million.
With the low dollar and strong growth in the Chinese inbound market, the sale price is less than half of the Island's original $65 million asking price.
Sale of the resort, which features a 4.5-star 296-roomresort built by Nature’s Own founder Vaughan Bullivant, follows the sale of Lindeman Island to Chinese buyers, Whitehorse in 2012.
The annual turnover of the resort is estimated at $27 million.
Bullivant paid $25 million for Daydream in 2000 and spent nearly $50 million on ugrading the resort. The resort was established by Sea World founder Keith Williams.
Chinese interests have bought two Auckland islands linked to the mainland in a $41.5 million deal.
China's Rainbow Holdings NZ has aquired Pararekau Island and Kopuahingahinga/Lee Island and now plan the development of a $130.6 million six-star luxury resort and native reserve.
20th October 2011 - SEA WORLD FOUNDER KEITH WILLIAMS DIES
1st February 2011 - CYCLONE YASI FORCES WHITSUNDAY RESORT EVACUATIONS
Asking a small favour
We hope that you value the news that we publish so while you're here can we ask for your support?
The news we publish at www.ausleisure.com.au is independent, credible (we hope) and free for you to access, with no pay walls and no annoying pop-up ads.
However, as an independent publisher, can we ask for you to support us by subscribing to the printed Australasian Leisure Management magazine - if you don't already do so.
Published bi-monthly since 1997, the printed Australasian Leisure Management differs from this website in that it publishes longer, in-depth and analytical features covering aquatics, attractions, entertainment, events, fitness, parks, recreation, sport, tourism and venues management.
Subscriptions cost just $90 a year.
Click here to subscribe.
The Complete Guide to Leisure Industry Products & Services.
Life Fitness Cardio Life Fitness Strength Hammer Strength Group Cycling Rowers Certified Refurbished Freeweights Benches & Racks Flooring Life Fitness is the global leader in the fitness…read more
Principal Consultant Simon Weatherill has spent the last 20 years developing the world renowned Melbourne Sports Hub, as former Chief Executive Officer of the State Sports Centres Trust…read more
Summit Fitness Equipment is now part of NovoFit - see www.ausleisure.com.au/suppliers/novofit/read more
SeatGeek is a search engine and mobile-focused ticket marketplace that allows fans to buy and sell tickets for live events. As of August 2018, SeatGeek has exited the Australian, New…read more
Lander & Rogers' Sports Business Group is the leading sports law practice in Australia, representing over 150 national and international sporting bodies. Our clients include international…read more
Crystal Pools has a solid history of performance on a wide variety of government and commercial projects and is the name behind many of Australia’s most innovative and ambitious aquatic…read more
Supreme Heating is a proud Australian owned company specialising in the latest energy efficient heating solutions. Since 1990, Supreme Heating has designed and installed commercial pool heating…read more
get listed with our suppliers directory
Get your business noticed in our targeted directory. Viewed by 10,000 industry professionals per week!