Mantra Group is set to operate Australia’s largest apartment hotel, situated in the heart of Surfers Paradise.
Mantra Group has purchased the Towers of Chevron Renaissance management rights, which consists of 711 apartments across three towers reaching between 35 to 50 levels in height.
The property has rebranded as Mantra Towers of Chevron Surfers Paradise and will bring the number of Mantra branded properties to 12 on the Gold Coast.
Mantra Group now operates 21 properties on the Gold Coast across its Peppers, Mantra and BreakFree brands making it the largest hotel operator in the region.
“This is an important acquisition that firmly places Mantra as the hotel brand of choice on the Gold Coast,” said Mantra Group CEO, Bob East.
“We have great faith in this region as a popular tourism destination for Australians and international visitors.
“The upcoming Commonwealth Games in 2015 is set position the region for future growth.
“We have continually demonstrated our expertise in this space – most recently with the acquisition of Peppers Soul Surfers Paradise, creating a successful five star integrated resort experience with a two hat restaurant, I am confident our team will have similar success with Mantra Towers of Chevron and our guests will love the addition,” East said.
The adjacent Chevron Renaissance Shopping Centre boasts a retail, dining and entertainment precinct and the landmark property is a popular choice for families featuring full resort facilities, including indoor and outdoor lap pools, plus a 600-metre-squared lagoon swimming pool known as ‘Beaches in the Sky’ on level 5, connecting the three towers.
Accommodation options range from one-, two- and three-bedroom apartments through to superior sub-penthouse apartments accommodating up to seven people.
Each apartment enjoys scenic views ranging from the Pacific Ocean to the Nerang River and Gold Coast hinterland.