Tokatoka Nakelo Elders’ Resort Decision Pays Off

Tokatoka Nakelo Elders’ Resort Decision Pays Off

Fiji Sun, 25 August 2019 – In March 1992 the elders of Tokatoka Nakelo of the Vanua of Vuda in Lautoka decided not to take the premium on the issuance of the lease for Elevuka Island, home to Treasure Island Resort. It has culminated in them fully owning the resort today.

That decision then saw them acquire 33.3 per cent shares with a marketing company, Islands in the Sun Fiji Limited, which was operating the former Hunts Travel and a tourism operator, the late Dan Costello Senior who ran nearby Beachcomber Island Resort.

The vision of the Tokatoka Nakelo elders was to one day buy out all shares and fully own Treasure Island Resort, a dream which materialised last week.…read more