Byron Bay has become the newest addition to the rapidly growing Crystalbrook Collection portfolio after the group purchased the 92-suite Byron at Byron beachfront resort.
The acquisition takes the group’s room count to 1,100 across Australia and becomes its third property in New South Wales either operational or in planning following The Little Albion in Sydney and the forthcoming ‘Kingsley’ in Newcastle – due to open in late 2020.
Byron at Byron is set within a 45-acre subtropical rainforest and features 92 suites, day spa, tennis courts and an infinity swimming pool, along with a one-hatted restaurant.
Trading continues as normal for the time being, with a takeover by Crystalbrook currently underway and expected to conclude later this year.
Crystalbrook Collection Owner, Ghassan Aboud, said the values of Byron at Byron were intrinsically shared by Crystalbrook and were a critical factor in the decision to acquire the property.
“We are thrilled to be introducing Byron at Byron to Crystalbrook Collection, providing the opportunity of an outstanding leisure experience for our global customers. The acquisition of this fantastic asset signifies our continued quest for growth in Australia and the region.”
“Byron at Byron fits seamlessly with our existing personality-driven hotels and resorts. Its environmental stance, connection to its exquisite location and local creativity, authentic style and passion for wellness is an excellent fit,” added Crystalbrook Collection Acting CEO, Geoff York.