Mantra confirms $1.3 billion takeover by AccorHotels
AccorHotels will acquire the Mantra Group in a deal worth AUD$1.3 billion which will see AccorHotels add 127 hotels to its network across Australia, New Zealand, Indonesia and the United States, a deal understood to be brokered by JLL's Hotels and Hospitality Group.
The Pacifica, New Zealand’s highest residential tower and boutique hotel to arrive in 2020
Architect Jaimin Atkins of Plus Architecture New Zealand and developer Hengyi Pacific have created the $300 million, 295 apartment, 35 hotel room Pacifica project in Auckland which is due to start construction next month.
Australasian travellers are set to be energised with hotels and airlines promoting ‘wellness’
The travel experience is set to be enhanced with the EVEN Hotel Auckland and Qantas' new Perth - London long haul flights offering holistic wellness through exercise, diet and amenities
Crowne Plaza makes its return to Christchurch, New Zealand
Promising to be the largest upscale hotel in the Christchurch CBD with 204 modern rooms, a new café, bar and restaurant and four modern event spaces, the hotel opened its doors last month.
Third Ramada Suites announced for Auckland next year
Wyndham Hotel Group has announced its third Ramada Suites in Auckland – Ramada Suites Victoria Street West, Auckland – which will also be the company’s twelfth property in New Zealand to be project managed by local developer Safari Group.
$11 million Trans-Tasman deal signals first NZ Avani hotel
Minor Hotel Group (MHG), is set to debut its upscale AVANI brand in New Zealand following the sale of Auckland’s landmark 40-storey CBD Metropolis tower Management Rights along with a parcel of units, negotiated by Resort Brokers New Zealand.
Ascott acquires majority stake in Quest Apartment Hotels for A$180 million to become largest serviced residence provider in Australasia
CapitaLand’s wholly owned serviced residence business, The Ascott Limited (Ascott), is acquiring an additional 60% stake in Quest Apartment Hotels (Quest) for A$180 million (S$191 million).
Regional New Zealand hotel sales signal rising demand
An Australian investor has purchased the 51-room Ambassador Hotel Hamilton, while an Auckland investor has bought The Park Hotel Ruapehu, an 82-room hotel in the central North Island’s National Park.
The Langham Auckland, one of New Zealand’s leading hotels will be rebranded as Cordis, Auckland
Cordis Hotels and Resorts is a new generation of selected upper upscale modern hotels by Langham Hospitality Group, which will see The Langham Auckland rebranded on 1st November 2017.