Cypress Lakes Bid To Pamper The Soul

Sydney Morning Herald

Wednesday July 26, 2000

Edited by Carolyn Cummins

Visitors to the Cypress Lakes Resort in the Hunter Valley are now able to relax at the Golden Door Health Spa and Retreat which has just opened on site.

Costing about $3 million, the second of the retreats will offer all the facilities available at the original resort on Queensland's Gold Coast.

Cypress Lakes managing director Dr Peter Neustadt said the company was excited by the health retreat, which complements other services at the resort.

``We expect it will be especially popular with couples looking for a short, indulgent break from their hectic Sydney lifestyles," Dr Neustadt said.

The Golden Door Health Spa features eight wet and dry treatment rooms, spas, steam rooms, hair treatment area, recreation, seminar and retail facilities. It also offers a variety of healthy-living programs and seminars covering stress management, yoga, acupuncture and other health-oriented services.

Cypress Lakes has launched a range of packages for singles, couples, families and corporate groups to experience the delights of the Golden Door Health Spa, which is part of a brand new complex incorporating a conference centre, function rooms and resort pool.

Cypress Lakes has launched the region's largest conference centre for small and large groups. The new complex can seat up to 500 delegates theatre-style, or 330 guests banquet-style.

Director of sales Ms Kylie Burchmore said: ``All of the new convention centre rooms will have natural lighting and lead on to a large covered veranda surrounding the entire complex. Delegates will feel part of the valley and can partake in all the activities from golf to wine tasting, or even Golden Door Tai Chi."

Cypress Lakes was one of the first resort-style companies to list its shares on the Australian Stock Exchange. In the six months to December 1999 it reported record revenue of $16.28 million, up from $15.4 million in the previous corresponding period.

Earnings before interest, tax, depreciation and amortisation was $2.3 million, while net profit was down to $976,762 as Cypress Lakes began its transition from gaining the majority of its earnings from real-estate sales to club, hotel and health operations.

© 2000 Sydney Morning Herald

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