Public Service Association Investment Company Pte Ltd (PSAICFPL) and Cove Management Ltd yesterday announced a historic hotel construction project agreement which will be built in Martintar, Nadi.
This landmark project will bring to life a 101-bedroom hotel valued at $50million, which marks a significant milestone for the investment company’s strategic expansion into the hospitality industry and would be named Days Inn by Wyndham Nadi, Martintar.
PSAICFPL managing director Rajeshwar Singh said they were thrilled to partner with Cove Management and operate a hotel under the banner of Wyndham Hotels and Resorts.
“This project not only signifies our entry into the hospitality sector but also reflects our commitment to driving economic growth and creating job opportunities in Fiji,” Mr Singh said.
He said they believed Days Inn by Wyndham Nadi, Martintar would set a new standard for the hospitality sector in the region. Wyndham’s vice-president of development for Southeast Asia and Rim Matt Holmes said they were delighted to collaborate with PSAICFPL and Cove Management.
“Our shared vision of delivering exceptional guest experiences and sustainable development forms the cornerstone of this partnership,” Mr Holmes said.
“We are confident that Days Inn by Wyndham Nadi, Martintar will become a premier hotel for travellers from around the world.”
The project is slated to commence early next year with an estimated completion date expected by mid-2026.