HONG KONG INVESTOR UNVEILS AUSTRALIA'S FIRST SIX-STAR BEACHFRONT HOTEL

SURFERS PARADISE, Australia, Jan 3 (Bernama-BUSINESS WIRE) -- Investment group Aquis Australia has unveiled plans for a new $AUD440 million luxury hotel on a prime beachfront position in the tourist mecca of Surfers Paradise, Queensland, Australia. The 48-level complex will include 580 hotel rooms and suites as well as the Gold Coast’s premier dining and entertainment facilities. A Development Application has been lodged with local authorities. It is the only new, large-scale hotel currently planned for south–east Queensland and comes as the Gold Coast records its highest ever levels of tourist visitation. Aquis Australia Chairman and highly-regarded Hong Kong investment banker Tony Fung said the property would be the first truly six-star beachfront hotel in Australia and target ‘super luxe’ travellers from around the world.

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