Fiji’s newest five-star luxury resort, on idyllic Wailoaloa Beach, near Nadi, is on the market for the first time.
The Pullman Nadi Bay Resort and Spa Fiji is being sold through Colliers International and local agents My Island Home Fiji by way of international expressions of interest closing at 4pm (NZST) on Wednesday July 31.
The marquee resort has 236 beautifully appointed guest rooms, five restaurants and bars, multiple conference facilities, three swimming pools and a world-class health spa.
Pullman Nadi Bay opened in May 2019 and is managed by global operator Accor Hospitality, the largest operator in Asia Pacific.
Located on 5.78ha of the foreshore of Wailoaloa Beach, it is ideally situated to take advantage of Fiji’s ongoing tourism boom, being the closest five-star hotel to the recently upgraded Nadi International Airport.
Dean Humphries, Colliers’ national director of hotels for New Zealand and the South Pacific, says it is rare for a resort to be offered to the market so soon after opening.
“The owners of the resort, a large and established Fiji-based family, have spent the last four years developing the hotel,” he said.
“However, they have decided to sell this marquee asset to capitalise on Fiji’s strong tourism sector and a global investment market hungry for high-quality, high-yielding hospitality assets.”
Richard Kirke, sales director of Colliers’s capitals markets team, is confident international investors will be attracted to Fiji due to the strong growth profile and attractive underlying returns it offers.