Caption:?Mr Sashi Singh and Mr Goundar during the soft launch at Yatule.Photo:SUPPLIED.
The newly rebranded and refurbished Yatule Resort and Spa at Natadola Beach was opened today during a soft launch, introducing tourists to a whole new experience with a competitive edge in Fiji?s tourism market.
In opening the resort, FNPF Board Director Mr. Sashi Singh, said the newly branded Yatule Beach Resort and Spa will turn around the performance for Yatule Resorts Limited and improve the returns for member?s funds.
?The newly renovated Resort was a critical part of the Funds investment rehabilitation under the current reform program and the Fund will take necessary measures to ensure that member?s funds invested into the Resort is fully recovered,? he said.
The property was originally built in 2005.
It was designed to serve as accommodation for consultants and contractors involved in building the InterContinental Fiji Golf Resort & Spa, next door on Natadola Beach.
Upon completion of the InterContinental resort the construction property was then converted to bungalow-type accommodation and opened as a beachfront resort.
The Resort sits on a prime location alongside the world-renowned Natadola beach and given its potential, the Board made a decision to re-invest into the upgrade of the Resort with the Fund investing just over $2million for the upgrade. The reinvestment also signifies the confidence in the economy and will help in building Natadola as a total destination.
The Resort will now be operated by Tour Managers Fiji. The company was nominated as a successful bidder following a public Expression Of Interest process. Tour Managers Fiji is a locally owned destination management company that offers a wide range of exclusive transport services, facilities, and value adding products to Free Independent Travelers (FIT?s), Conferences, and Groups and Incentive Markets.
The company enjoys the support of credible and well trained professional Management Staff with over 18 years of experience, and has an advanced in house reservations system with a 24hr turnaround policy on all bookings and enquiries.
It also owns and operates a fleet of deluxe transport including mini-coaches and VIP transfer vehicles and limousines. This will add value to the experience of guests at the Resort.
?We congratulate Tour Managers for taking up the challenge being a local operator and bringing to the table a unique approach in hotel operation that will boost employment for our local Fijian nationals and economic activities that will be generated into the economy and brings to the tourism industry a totally new experience?, said Mr. Singh.
Yatule Resort and Spa at Natadola Beach will provide employment to 70 locals.
The extensive makeover and rebranding will introduce another level of comfort, style and service boosting the resort with the addition of 36 premiere beachfront and pool view rooms with modern facilities.
Mr. Singh added that the partnership with Tour Managers Fiji reflects the company?s commitment to the people of Fiji and to the tourism industry by ensuring that the Resort is managed with exceptionally high standards, generate returns and provide employment for the locals.
?Tour Managers looks forward to steering the Resort into becoming a renowned and preferable holiday accommodation in the Region,? Mr. Singh continued.
Yatule Beach Resort Limited trading as Yatule Resort & Spa at Natadola Beach is fully owned by FNPF Investments Limited; a wholly owned subsidiary of the Fiji National Provident Fund.?