The Blue Marlin Hotel to be completely renovated

For the past six years Curtis, who has moved to the UK, has being looking for a like-minded partner with a view to restoring this renowned "old lady" completely and creating a resort that will once again appeal to the domestic and international travel markets.

"I have always believed that there is huge potential in South Africa, and particularly Scottburgh, for growth in tourism, which is why we have not wanted to sell the Blue Marlin," said Curtis. "We are delighted to have formed a partnership with Messrs Dickson of Dream Vacation Club who have an established track record in the hospitality industry and who share our vision of re-launching the Blue Marlin as an upmarket family holiday resort with superb conference facilities."

Up to two years to complete

Dream Vacation Club will take over the management of the hotel and will be responsible for the renovation work, which will be rolled out in phases, starting with the common areas and the first 40 rooms. It is estimated that the work will take up to two years to complete at a cost of approximately R30 million. Building work is expected to commence in August 2013.

"Our partnership with the Blue Marlin ticks all the boxes for us in terms of our core business, as well as giving us a chance to be involved in re-establishing a resort-type holiday facility of international standard," said Weston Dickson, chairman of Dream Vacation Club.

"As there are plans afoot to improve and uplift Scottburgh, we believe that we will play a significant part in creating a whole new South African destination," added Dickson. The new offering will cater to guests on a package basis where meals, accommodation and entertainment are all included.