One of Fiji’s leading luxury resorts is for sale
By Paul Johnson on Apr 14, 2023 in Accommodation, Fiji, Oceania, Regions, Resorts
Yasawa Island Resort & Spa, one of Fiji’s leading luxury resorts, has been listed for sale by Sydney based vendors James and Erin McCann. Located off the northwest side of Fiji’s main islands, Yasawa Island Resort & Spa is accessed via a 25-minute flight from Nadi International airport. The facility is the sole occupant on the 30ha island with 18 luxury beachfront bungalows, a private airstrip, world-class food and beverage and an award-winning day spa.
CBRE Hotel’s Tom Gibson and Michael Simpson are managing the sale via an International Expression of Interest campaign closing 11 May 2023. Occupying 29.9 hectares of island land, the all-inclusive resort also offers intimate and unique cultural experiences such as local village feasts, scuba diving, fishing and private beach picnics.
“The availability of vacant possession and size of land, provides the incoming owner with an incredible opportunity to expand the scale with the inclusion of luxury branded residences,” Mr Gibson said. “Possible expansion plans include the expansion of rooms to 50 keys to include beach front, ocean view and garden rooms, as well as the development of branded residences to create an integrated resort.”
Mr Simpson added, “The strength of the luxury resort sector globally has proved to be both resilient and highly sought-after. Yasawa Island Resort & Spa presents as a logical opportunity to engage in one of the leading hotel managers to set a new benchmark in the market.”
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Over recent years, Fiji has attracted widespread global interest for ultra high-end destinations, including COMO’s Laucala Island owned by the Red Bull family, Kokomo Private Island Resort owned by Lang Walker AO, and Wadigi Island owned by Google-founder Larry Page.
Vendor, James McCann added, “The resort has been part of my wife Erin’s life since the late 1990’s when she was the resort General Manager and then from our family’s ownership since 2010. The incredible people of the Yasawa Islands have formed a bond that will continue with us for the rest of our lives. We look forward to seeing the wonderful and exciting next phase for the resort that a new owner could bring.”
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