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Bullivant to sell Daydream Island

Vaughan Bullivant has put Daydream Island Resort and Spa on the market, with a sale expected in the first half of 2013.

Bullivant, who has owned the 296-room Queensland resort since 2000, said the time was right to look at the next phase of Daydream’s ownership.

“Daydream has always been extremely important to me and I’ve put many years of my life into making it the beautiful tropical island resort that it is today, as have many staff and my Daydream Island management team,” he said.

“But I’m 65 now and looking to at some stage put my feet up and enjoy doing other things in life including more travel and spending time with my family, which has long been my goal.

“I intend to make sure that Daydream remains an industry leader and am looking for a suitable operator to take Daydream Island forward.

“My preferred purchaser would be one that would continue with the current management structure whilst being prepared to inject some further investment into the property to ensure it remains at the forefront of tourism in Queensland.”

CBRE Hotels Brisbane’s Wayne Bunz has been engaged by Bullivant to sell the resort and expressions of interest have been called for by noon on March 14, 2013.

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