|By ACN Newswire||
|October 10, 2012 03:19 AM EDT||
Melbourne, Oct 10, 2012 - (ACN Newswire) - Australia's most unique, exclusive and beautiful beachfront hotel, Rae's on Wategos located at Byron Bay has been placed on the market for the first time in 20 years by entrepreneur Vincent Rae, set to be auctioned Friday October 26 at 2pm.
Located on the most easterly point of Australia's Wategos Beach, Rae's has seven individually styled penthouses and suites, a 60 seat restaurant and an awarded Day Spa is acclaimed Internationally for its charm and eclectic European interiors, style and architecture with lush gardens and sweeping ocean views.
Regarded as one of the most beautiful and idyllic beaches in Australia, frequented regularly by dolphins and boasting one of the most perfect long board waves, the privacy and beauty of Rae's attracts the world's who's who of guests, including; Harvey Keitel, Lenny Kravis, Gwyneth Paltrow, Kate Winslet, Tom Cruise, Meg Ryan, Owen Wilson, Russell Crowe, Keith Richards, Pink, Elle Macpherson, Nicole Kidman, Ewan Mcgregor, Ashton Kutcher, Richard Branson, Naomi Watts, Donald Sutherland and World No 1 Chef, Heston Blumenthal, to name a few.
Founder and owner Vinnie Rae said, 'Rae's is a hotel with the genuine feel of a beautiful home, it's a magnificent building and lifestyle however after 20 years, it's time for me to move on and pursue my overseas interest."
The seven individually styled penthouses and suites are tastefully decorated with both international and local design influences and feature spa baths, wood fireplaces and spectacular views of the beach and Byron Bay headland.
Ray White Hotels Australia have been appointed to manage the property's sales in conjunction with Kay & Burton in Melbourne.
Tony Bargwanna, Ray White Hotels, said he expected high levels of interest in the trophy property which had set itself apart as one of the country's most acclaimed hotels.
"This is one of the best residential locations on the east coast of Australia, if not in the entire country," he said. "The sale presents an extremely rare opportunity to walk into a prime establishment and operate under a very successful brand which has positioned itself at the forefront of Australian hospitality."
The marketing campaign will be run nationally and internationally and we expect solid interest.
"Sold as an ongoing concern, with the hotel and restaurant generating solid annual revenue and profits, it's anticipated the buyer will purchase Rae's as a trophy asset and continue to run it as a boutique hotel. However it is a possibility the purchaser may convert the property to an exclusive private residence," said Barguanna.
The hotel's restaurant and functions venue, Rae's Fish Cafe, is also highly celebrated and was this year acclaimed by the Australian Good Food Guide.
Continuing the success of the hotel and restaurant, the onsite spa was also voted as one of the world's Top 50 Spas by Luxury Travel Magazine and one of the ten best in Australia by Body + Soul.
In addition, major DA approved for new underground carpark, cocktail bar, lift, new sub penthouse, larger Spa and 200sqm entertaining terrace and gardens overlook ocean with direct beach access.
The entire Rae's establishment really is the epitome of quality and is a testament to Mr Vincent Rae's vision and 20 years of hard work.
"Individuality, outstanding design and dedication to service, Rae's at Wategos makes good on what fine beach resorts often promise but precious few deliver", Conde Nast Traveller Magazine said placing Rae's in their "Top 25 Hotels in The World".
Media inquiries please contact:
Peter Metzner / +61 412 911182 / [email protected]
Ray White inquiries:
Tony Bargwanna / +61 411 544451 / [email protected],
Greg Bell / +61 414 380555 / [email protected]
Andrew Jolliffe / +61 438 733 447 / [email protected]
Kay & Burton inquiries:
Gerald Delany / +61 418 355 337 / [email protected]
Copyright 2012 ACN Newswire. All rights reserved.
As cloud gives an opportunity to businesses to buy services externally – how is cloud impacting your customers? In his General Session at 15th Cloud Expo, Fabio Gori, Director of Worldwide Cloud Marketing at Cisco, provided answers to big questions: Do you see hybrid cloud as where the world is going? What benefits does it bring? And how does Cisco connect all of these clouds? He also discussed Intercloud and Cisco’s investment on it.
May. 24, 2015 05:00 PM EDT Reads: 5,749
17th Cloud Expo, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterprises a...
May. 24, 2015 05:00 PM EDT Reads: 2,124
The 17th International Cloud Expo has announced that its Call for Papers is open. 17th International Cloud Expo, to be held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, APM, APIs, Microservices, Security, Big Data, Internet of Things, DevOps and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding bu...
May. 24, 2015 05:00 PM EDT Reads: 4,041
Over the years, a variety of methodologies have emerged in order to overcome the challenges related to project constraints. The successful use of each methodology seems highly context-dependent. However, communication seems to be the common denominator of the many challenges that project management methodologies intend to resolve. In this respect, Information and Communication Technologies (ICTs) can be viewed as powerful tools for managing projects. Few research papers have focused on the way...
May. 24, 2015 05:00 PM EDT Reads: 1,594
As the world moves from DevOps to NoOps, application deployment to the cloud ought to become a lot simpler. However, applications have been architected with a much tighter coupling than it needs to be which makes deployment in different environments and migration between them harder. The microservices architecture, which is the basis of many new age distributed systems such as OpenStack, Netflix and so on is at the heart of CloudFoundry – a complete developer-oriented Platform as a Service (PaaS...
May. 24, 2015 05:00 PM EDT Reads: 1,487
In high-production environments where release cycles are measured in hours or minutes — not days or weeks — there's little room for mistakes and no room for confusion. Everyone has to understand what's happening, in real time, and have the means to do whatever is necessary to keep applications up and running optimally. DevOps is a high-stakes world, but done well, it delivers the agility and performance to significantly impact business competitiveness.
May. 24, 2015 05:00 PM EDT Reads: 1,729
There is no question that the cloud is where businesses want to host data. Until recently hypervisor virtualization was the most widely used method in cloud computing. Recently virtual containers have been gaining in popularity, and for good reason. In the debate between virtual machines and containers, the latter have been seen as the new kid on the block – and like other emerging technology have had some initial shortcomings. However, the container space has evolved drastically since coming on...
May. 24, 2015 04:15 PM EDT Reads: 979
The Internet of Things is not new. Historically, smart businesses have used its basic concept of leveraging data to drive better decision making and have capitalized on those insights to realize additional revenue opportunities. So, what has changed to make the Internet of Things one of the hottest topics in tech? In his session at @ThingsExpo, Chris Gray, Director, Embedded and Internet of Things, discussed the underlying factors that are driving the economics of intelligent systems. Discover ...
May. 24, 2015 04:00 PM EDT Reads: 6,308
Enterprises are fast realizing the importance of integrating SaaS/Cloud applications, API and on-premises data and processes, to unleash hidden value. This webinar explores how managers can use a Microservice-centric approach to aggressively tackle the unexpected new integration challenges posed by proliferation of cloud, mobile, social and big data projects. Industry analyst and SOA expert Jason Bloomberg will strip away the hype from microservices, and clearly identify their advantages and d...
May. 24, 2015 03:30 PM EDT Reads: 1,176
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo in Silicon Valley. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 17th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading in...
May. 24, 2015 03:00 PM EDT Reads: 2,341
The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long development cycles that produce software that is obsolete at launch. DevOps may be disruptive, but it is essential. The DevOps Summit at Cloud Expo – to be held June 3-5, 2015, at the Javits Center in New York City – will expand the DevOps community, enable a wide...
May. 24, 2015 03:00 PM EDT Reads: 1,676
In her General Session at 15th Cloud Expo, Anne Plese, Senior Consultant, Cloud Product Marketing, at Verizon Enterprise, focused on finding the right mix of renting vs. buying Oracle capacity to scale to meet business demands, and offer validated Oracle database TCO models for Oracle development and testing environments. Anne Plese is a marketing and technology enthusiast/realist with over 19+ years in high tech. At Verizon Enterprise, she focuses on driving growth for the Verizon Cloud platfo...
May. 24, 2015 03:00 PM EDT Reads: 5,227
How does one bridge the gap between traditional enterprise storage infrastructures and the private, hybrid, and public cloud? In his session at 15th Cloud Expo, Dan Pollack, Chief Architect of Storage Operations at AOL Inc., examed the workload differences and required changes to reuse existing knowledge and components when building and using a cloud infrastructure. He also looked into the operational considerations, tool requirements, and behavioral changes required for private cloud storage s...
May. 24, 2015 02:00 PM EDT Reads: 2,484
Software is eating the world. Companies that were not previously in the technology space now find themselves competing with Google and Amazon on speed of innovation. As the innovation cycle accelerates, companies must embrace rapid and constant change to both applications and their infrastructure, and find a way to deliver speed and agility of development without sacrificing reliability or efficiency of operations. In her Day 2 Keynote DevOps Summit, Victoria Livschitz, CEO of Qubell, discussed...
May. 24, 2015 02:00 PM EDT Reads: 5,440
Cloud Expo, Inc. has announced today that Andi Mann returns to DevOps Summit 2015 as Conference Chair. The 4th International DevOps Summit will take place on June 9-11, 2015, at the Javits Center in New York City. "DevOps is set to be one of the most profound disruptions to hit IT in decades," said Andi Mann. "It is a natural extension of cloud computing, and I have seen both firsthand and in independent research the fantastic results DevOps delivers. So I am excited to help the great team at ...
May. 24, 2015 02:00 PM EDT Reads: 1,422