Goodbye Stella, hello Mantra
GOLD COAST – One of Australia and New Zealand’s largest accommodation providers, Stella Hospitality Group, has changed its name to Mantra Group.
The name change follows the recent announcement by owners CVC Asia Pacific that the Stella Group has been restructured and recapitalised with Stella Travel Services and Stella Hospitality Group being separated into two independently operating businesses.
“The separation of the two businesses means each can operate independently and focus on being the best in their respective fields,†said Mantra Group chief executive officer Bob East.
“The recapitalisation has given us a strong balance sheet and an injection of funds which allows us to forge ahead with our plans to expand our three consumer brands of Peppers, Mantra and Breakfree with confidence.
“In the future, we plan on increasing the size of the Peppers, Mantra and BreakFree portfolios as well as new initiatives like introducing the Peppers product into a CBD environment,†East said.
Ian Jarrett
Have your say Cancel reply
Subscribe/Login to Travel Mole Newsletter
Travel Mole Newsletter is a subscriber only travel trade news publication. If you are receiving this message, simply enter your email address to sign in or register if you are not. In order to display the B2B travel content that meets your business needs, we need to know who are and what are your business needs. ITR is free to our subscribers.
































Qatar Airways offers flexible payment options for European travellers
Airlines suspend Madagascar services following unrest and army revolt
Phocuswright reveals the world's largest travel markets in volume in 2025
Digital Travel Reporter of the Mirror totally seduced by HotelPlanner AI Travel Agent
Strike action set to cause travel chaos at Brussels airports