Back to today’s briefing

Story perspectives

Blackstone to Acquire Hamilton Island for A$1 Billion

12/24/2025

45 9 Full Breakdown

Summary

Story summary

Blackstone Inc has agreed to acquire Hamilton Island, a major resort hub in Australia’s Great Barrier Reef, pending regulatory approval.
The acquisition ends more than 20 years of ownership by the Oatley family.
Hamilton Island was re-listed in October 2023 at an estimated price of A$1 billion (about US$670 million).
Chris Heady of Blackstone said the acquisition will be a significant asset and part of Blackstone’s hospitality and leisure strategy.

1 of 1

Story summary

Blackstone Inc has agreed to acquire Hamilton Island, a major resort hub in Australia’s Great Barrier Reef, pending regulatory approval.
The acquisition ends more than 20 years of ownership by the Oatley family.
Hamilton Island was re-listed in October 2023 at an estimated price of A$1 billion (about US$670 million).
Chris Heady of Blackstone said the acquisition will be a significant asset and part of Blackstone’s hospitality and leisure strategy.