Blackstone ® acquired Hamilton Island in Australia's Whitsundays
Blackstone equity Investments agreed to acquire Hamilton Island in Australia's Whitsundays for approximately A$1.2 billion (US$804 million) in December 2025, marking a significant investment in luxury tourism. The 2,800-acre island, previously owned by the Oatley family since 2003, features hotels, a marina, a golf course, and an airport. Key Details of the Acquisition:
Asset Details: The purchase includes five hotels, over 20 restaurants and bars, 20 retailers, a golf course, a marina, and a commercial airport.
Ownership Transition: The Oatley family, who bought the island in 2003, sold it to the US-based private equity giant.
Strategic Move: This acquisition highlights Blackstone's expanding portfolio in leisure and hospitality across the Asia-Pacific region.
