Banyan Tree for Lindeman
BANYAN Tree has been selected as the operator of three new resorts which are set to be developed on Lindeman Island in the Whitsundays.
Construction is scheduled to kick off mid-2019, with the $600 million project to comprise a “sixstar Spa Resort, a five-star Beach resort, a five-star Eco Resort and a Tourist Villa Precinct,” according to an environmental impact statement lodged by owner White Horse Australia, which purchased the island in 2012 for $12 million.
White Horse has estimated the redeveloped Lindeman Island will boost visitor nights to the Whitsundays region by more than 200,000 annually.
As well as the resort management rights which have been won by Banyan Tree, the project also includes 89 villas which will be targeted at wealthy Chinese tourists, according to a News Limited report today.
Banyan Tree has a strategic partnership with AccorHotels (TD 08 Dec 2016), under which the Singapore-based resort group has access to the Accor global sales network and loyalty program.
An AccorHotels spokesperson told TD the company wasn’t able to comment on the Lindeman Island agreement at this stage.
It’s understood the project will be built by ASX-listed Watpac, with all energy and water for the sustainable resorts to be produced on site.