Bora Bora is a French Polynesian island that is known for its crystal-clear waters, stunning scenery, and luxurious resorts. The island’s main attraction is the Bora Bora Resort, which has been a popular destination for celebrities and high-end travelers for many years.
But who owns this iconic resort? Let’s take a closer look.
The History of the Bora Bora Resort
The Bora Bora Resort first opened in 1970 as the Hotel Bora Bora, and it quickly became one of the most sought-after vacation spots in the world. The resort was built by American businessman Jack Whittier, who fell in love with the island after visiting it on his yacht.
Whittier spent several years negotiating with the French Polynesian government to lease land on the island to build his dream resort. Finally, in 1961, he was able to secure a lease for 99 years at a cost of just $1 per year.
Whittier spared no expense when building the resort. He imported materials from around the world and hired some of the best architects and designers to create a luxurious retreat that would attract wealthy travelers from all over.
Over time, ownership of the resort changed hands several times. In 1990, it was purchased by Japanese company Sogo Development Co., Ltd., which invested millions of dollars into renovations and upgrades.
Today, the resort is owned by French hospitality company Sofitel. Sofitel acquired the property in 2006 and has continued to maintain its reputation as one of the world’s most luxurious vacation destinations.
What Makes the Bora Bora Resort So Special?
The Bora Bora Resort is known for its overwater bungalows that offer guests breathtaking views of the lagoon and Mount Otemanu. Each bungalow is equipped with modern amenities such as air conditioning, Wi-Fi, and flat-screen TVs, but still retains its traditional Polynesian charm.
The resort also offers a range of activities for guests to enjoy, including snorkeling, scuba diving, jet skiing, paddleboarding, and more. There are also several restaurants and bars on-site that serve up delicious French and Polynesian cuisine.
Who Can Afford to Stay at the Bora Bora Resort?
As you might expect, a stay at the Bora Bora Resort is not cheap. Prices for overwater bungalows start at around $1,000 per night and can go up to $15,000 or more for the most luxurious accommodations.
Despite the high price tag, the resort continues to attract a steady stream of wealthy travelers who are willing to pay top dollar for a once-in-a-lifetime vacation experience.
Conclusion
In conclusion, the Bora Bora Resort is owned by French hospitality company Sofitel. The resort has a rich history dating back to its founding by American businessman Jack Whittier in 1970. Today it remains one of the world’s most luxurious vacation destinations and attracts wealthy travelers from all over who are willing to pay top dollar for an unforgettable experience.