Hayman renovation targets top end
Owner Mulpha Australia, which is developing a series of private residences on the island, has entered into an agreement with Kerzner International Holdings, to assume management of the luxury island resort.
Hayman will undergo a $40 million renovation and be relaunched as One&Only Hayman Island in April next year - One&Only's first resort in Australia. Mulpha continues to maintain full ownership of the island.
Tourism & Transport Forum chief executive Ken Morrison said the agreement represented a significant investment in quality product at the top end of the tourism market.
"Australian tourism operators are increasingly seeking out high-yield visitors and this investment will position Hayman as a world-class luxury destination for people seeking unique and exclusive experiences," Mr Morrison said.
Mulpha Australia executive chairman Seng Huang Lee said the refurbishment combined with One&Only's commitment to a high level of service would "redefine resort luxury in Australia".
Frequently Asked Questions about this Article…
Hayman Island is set to undergo a $40 million renovation and management change to upgrade the resort into a world-class luxury destination on the Great Barrier Reef.
Mulpha Australia will remain the full owner of Hayman Island, while Kerzner International Holdings (operator of the One&Only brand) will assume management of the resort.
After the refurbishment the resort will be relaunched as One&Only Hayman Island, marking One&Only's first resort in Australia.
According to the announcement, the property is due to be relaunched as One&Only Hayman Island in April next year.
The $40 million refit is aimed at the top end of the tourism market, positioning Hayman to attract high‑yield visitors seeking unique, exclusive luxury experiences.
Yes — Mulpha Australia is also developing a series of private residences on Hayman Island alongside the resort refurbishment.
Industry leaders said the agreement represents a significant investment in high-quality tourism product that will strengthen Australia’s luxury offering and appeal to high‑value visitors.
Mulpha’s executive chairman, Seng Huang Lee, said the refurbishment combined with One&Only’s service commitment will 'redefine resort luxury in Australia,' highlighting a focus on premium guest experience.
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