Business & Invest

Gold Coast Based Mantra Group Buys Outrigger Hotels and Resorts Australia

Mantra Group (ASX:MTR) has taken advantage of a rising share price by asking investors for $50 million to help fund its acquisition of Outrigger Hotels & Resorts Australia. The buyout, pitched at $29.5 million, will add four resorts to Mantra’s portfolio, two of them on the Gold Coast. It also marks what effectively is a second buyout of the Outrigger brand in the past eight years, with the first led by former funds manager MFS, the failed Gold Coast company that laid the foundations for Mantra Group a decade ago. Under the latest agreement, Mantra will acquire Outrigger Surfers Paradise,…

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Gold Coast based Mantra Group looks to expand with the buy out of Outrigger Hotels and Resorts Australia building on an already strong portfolio.
Business & Invest

Gold Coast Young Entrepreneur – Simon Gloftis, The Fish House and Hellenika

The Gold Coast has a vibrant innovation culture.  The city has a strong network of entrepreneurs, co-working spaces, tech start-ups, incubators, businesses, universities and research institutions that are building a reputation for cutting edge research.   Our entrepreneurial mindset is evidence in the fact that 20 per cent of the population own their own business compared to 15 per cent in Australia.  This entrepreneurial mindset combined with rising student numbers, support from the City of Gold Coast and investment into key infrastructure (including the Gold Coast Health and Knowledge Precinct) will result in even higher numbers of innovative business ventures into…

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Simon Gloftis’ journey to restaurant royalty hasn’t exactly been smooth. The serial restaurateur has a colourful business background.
Business & Invest

City in Focus – Jobs of the future: are you in the right occupation?

City in Focus – Jobs of the Future: are you in the right occupation? (PDF) If you are young or old, skilled or unskilled, employed or unemployed, frequently scanning the job listings can be the smartest move you make. Not only are you likely to find your next career move but employment websites are holding the key to the jobs of the future. Employment websites are a wealth of information, from the direction of the labour market, insight on future employment trends and an understanding of the needs and wants of businesses and industries. Observing terminology, position titles, training, qualifications…

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the city is focusing more on building capacity in the jobs of the future and strategies to attract and retain talent.
Business & Invest

Gold Coast Airport Recognised at the World Airport Awards

Gold Coast Airport has blitzed the field with jet-setting holidaymakers after being named the Best Regional Airport Australia/Pacific at the Skytrax World Airport Awards held in Paris this week. It is the second time the award has been bestowed on the city’s international gateway, having won it in 2011. However, this year the airport even managed to rate on a global scale, with Skytrax ranking it ninth among regional airports worldwide, and fifth in the 5-10 million passenger category. The Skytrax World Airport Awards, considered one of the most prestigious in the world, are determined by independent surveys of customer…

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Gold Coast Airport has been awarded the best regional airport in the Australia / Pacific region and placed in the top 5 Airports worldwide in their category