InterContinental Group (IHG) is set to manage its first InterContinental Resort in Queensland, Australia

Hotel owner, Mulpha Sanctuary, reached an agreement with IHG to operate the resort that was formally the Hyatt Regency Sanctuary Cove.

Located on the Gold Coast, InterContinental Sanctuary Cove Resort will be the second IHG property managed for Mulpha, following the acquisition of InterContinental Sydney in 2004.

Bill Edwards, IHG's head of operations Australia said: "InterContinental Sanctuary Cove Resort will make good company within our growing portfolio of InterContinental resorts in the Australasian region which includes celebrated resorts in Bali, Fiji, Tahiti, Koh Samui and most recently, Danang.

"We're excited to add one of the Gold Coast's most renowned resorts to this collection."