SYDNEY—IHG (InterContinental Hotels Group) has assumed management of one of Australia’s five-star resorts, the former Hyatt Regency Sanctuary Cove, on the Gold Coast.
Hotel owner, Mulpha Sanctuary Cove (Developments) Pty Ltd, reached a commercial agreement with IHG to manage the resort. Under the new agreement, IHG will manage the resort’s day-to-day operations in addition to implementing the standards of the InterContinental brand.
InterContinental Sanctuary Cove Resort will be IHG’s first InterContinental Resort in Australia, and will introduce the InterContinental marque to Queensland. The hotel will be the second IHG property managed for Mulpha, following the acquisition of InterContinental Sydney in 2004. IHG has managed InterContinental Sydney since 1985.
“We are delighted to be entering this extended relationship with IHG and positioning the property with the strength of the InterContinental brand,” said Mulpha’s head of hotel investments, Lloyd Donaldson. “The new agreement will also provide significant co-operative and strategic marketing and promotional activity for both properties within Australia, and internationally as part of IHG.”
The 243-room luxury resort is tucked in the surrounds of Hope Island and offers a marina, golf green, beach lagoon, and gardens views.