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Accor and Mantra are trying to take over the Australian portfolio of Outrigger

The two primary players in the hotel industry in Australia will be candidates to take over contracts of four of the Hawaian group's hotels located in Queensland.

The Hawaiian group Outrigger Resorts would like to let go of its Australian portfolio, which has hotels in Queensland. Accor and Mantra, the two primary hotel groups present in Australia, thus purchased the network of hotels and the network, according to The Australian, a national daily. The amount of the transaction reach 25 million Australian dollars, or close to 17 million euros.

Outrigger thus plans to sell management rights for Outrigger hotels the  Little Hastings Street Resort & Spa Noosa, Outrigger Twin Towns Resort Coolangatta, Boathouse Apartment by Outrigger in Airlie Beach and Outrigger Surfers Paradise. All are positioned on the upscale segment.

The recovery of the Outrigger portfolio would allow Accor to strengthen its position position as leader in the country, where it already has a network of 197 properties for 25,866 rooms, including 4 Sofitel, 112 Pullman, 9 MGallery, 14 Grand Mercure, 29 Novotel, 39 Mercure, 14 ibis, 28 ibis Styles, 20 ibis Budget and 28 unbranded brands. The Australian, Mantra Group manages a network of manages its own properties with 116 rooms as well as 16 properties and 12,500 rooms in the country.

Also Read:

  • Starwood Hotels & Resorts pursues its asset-light strategy in Australia
  • Ascott partners with Quest in Australia

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