In February 2008, CVC Asia Pacific Funds completed the acquisition of a 65% economic stake in Stella Group (‘Stella’). The Stella investment is now comprised of interests in the Mantra Group and Helloworld Limited.
Mantra Group is a leading manager and marketer of hotels and resorts in Australia, New Zealand and Indonesia and operates three well-known and trusted brands – Peppers, Mantra and BreakFree. With 116 properties and over 12,500 rooms under management, Mantra Group is the second largest accommodation operator in Australia. The Group is positioned to offer both leisure and business style accommodation ranging from full service city hotels and self-contained apartments to luxury resorts and retreats. In June 2014, Mantra Group launched an IPO and successfully listed on the ASX becoming the only publicly listed pure-play hotel group in Australia.
Helloworld Limited is one of the leading integrated travel companies in Australia and New Zealand. The company operates a number of leading businesses in the retail, online, corporate, and wholesale travel markets with operations in Australia, New Zealand, Asia, US, South Africa and UK.