Thursday, 24 September 2020

Farewell Fantauzzo; hello Crystalbook

Change is in the air in Brisbane with Crystalbrook Collection, one of Australia's leading sustainable hospitality companies, announcing plans to expand its luxury east coast hotel portfolio with the acquisition of boutique Brisbane property The Fantauzzo.


Situated beneath Brisbane's iconic Story Bridge overlooking the Howard Smith Wharves, the contemporary hotel features 166 rooms and suites, the Polpetta kitchen and bar, the elevated Fiume bar along with a rooftop pool, fitness centre and meeting spaces.

The property celebrates photo-realist painter Vincent Fantauzzo, with 300 of his works and digital prints on display throughout the hotel.

The purchase from the Deague Group marks Crystalbrook's entry into the vibrant Brisbane market, and adds to its operations in Sydney, Byron Bay, Cairns, Newcastle and Port Douglas.

The group's portfolio includes Little Albion in Sydney; Byron at Byron in Byron Bay; Riley, Bailey and Flynn in Cairns and Kingsley in Newcastle.

Crystalbrook also owns and operates Crystalbrook Superyacht Marina in Port Douglas.

“Australia's east coast is unlike anything else in the world, and as a company we are pleased to be able to invest in and support the Australian tourism industry," said Crystalbrook owner Ghassan Aboud. "Brisbane was the next logical step for us.”

The official handover will occur in the first half of 2021.

The hotel will trade as part of the Crystalbrook Collection with the official new name to be announced in the coming months.

Until the acquisition is complete, the hotel will continue normal trading under the management of Art Series Hotels (part of the Accor group).

No comments:

Post a comment