This Sunday will be a historic day for a group of local private investors known as Vision Group Limited and Fiji as a whole as the Fiji Beach Resort and Spa in Denarau will be rebranded as Hilton Fiji Beach Resort and Spa.
This is the first 5 star resort fully owned by local investors as it has no overseas based financiers.
Hilton now joins global brands like Sheraton, Shangri-La, Intercontinental, Sofitel, Radisson, Marriot, Wyndham and West Inn in Fiji.
Vision Group is made up of four major companies which are Jacks Equity Investments, RC Manubhai, Challenge Engineering Limited which also owns Automart Fiji and Candle Investments Limited which also owns Mid City Plaza.
Vision Group Chairman Dilip Khatri said they acquired Courts Fiji Limited in 2006, Mahogany Industries Limited in 2012, Hilton Fiji Beach Resort and Spa in 2014 and Sonaisali Island Resort.
They also own Vision Motors Limited.
He said Vision Group and its shareholders have made a gross investment of approximately $170 million over the last 9 years and now employ 1,550 team members.
While launching the new Hilton Fiji Beach Resort and Spa, Prime Minister Voreqe Bainimarama said this is a great success story for Fiji.
Bainimarama said they have further plans in the pipeline.
Vision Group plans to invest a further $28 million to complete the next stage of the resort which includes a new conference centre, a function room and a new restaurant.
Another 115 rooms are being added to the existing 340 rooms and 164 villas.
Further investments will also be made in 2017 which will include a new entrance, lobby, beverage outlets and spa facilities.
