Colliers NZ act as strategic advisors for Sarin Hotels on the acquisition of the DoubleTree by Hilton Wellington
Colliers Director Hotel Advisory and Valuation NZ, Mr Chris Bennett announced that Colliers have acted as strategic advisors for Sarin Hotels on the acquisition of the DoubleTree by Hilton Wellington through an off-market sales process.
The Sebel Wellington Thorndon is the third hotel that Sarin Hotels has partnered with Accor on in New Zealand, following the success of ibis Styles Invercargill and The Sebel Wellington Lower Hutt. The Sebel Wellington Thorndon opening in September 2023.
JLL Director Hotels & Hospitality Nick Thompson says the active New Zealand market is once again a beacon for investors seeking stable, long-term performance
Hotel transactions pass $100m first quarter this year as international tourism rebounds - JLL
Having transacted the record $170m sale of Auckland’s Stamford Plaza last October, JLL Director Hotels & Hospitality Nick Thompson says the active New Zealand market is once again a beacon for investors seeking stable, long-term performance. "Through the first quarter of this year, we’ve...
The Stamford Plaza to fly the JW Marriott flag in Auckland with NZD$20 m refurbishment
Marriott International signs agreement to introduce its JW Marriott brand to New Zealand with a rebrand of the 286 room Stamford Plaza hotel Auckland co-owned by CP Group, global investment firm Alvarium Investments through its locally owned Auckland office and Archipelago Capital, and will...
JLL closes largest sale of a single hotel asset in New Zealand history
Stamford Plaza Auckland sold for NZ$170m by JLL Hotels & Hospitality Group's Nick Thompson. The largest ever single hotel asset in New Zealand history to go unconditional.
Baycrest Thermal Lodge Lake Taupo sold - Bayleys Real Estate
Baycrest Thermal Lodge freehold investment sold to an Auckland investor for $4,375,000 at a yield of 5.6% net through Bayleys Real Estate, New Zealand.
Hotel DeBrett business in Auckland CBD sold through Bayleys Real Estate
The business interest of the Hotel DeBrett sold to Habitat Hotels & Apartments by Gordon McGregor of Bayleys Real Estate. Due to settle in September this year Hotel DeBrett will join Ohtel group under a “sister” brand which has hotels in both Wellington and Auckland. Mr McGregor said the...
. The Ennismore brands are 21c Museum Hotel, 25hours Hotels, Delano, Gleneagles, Hyde, JO&JOE, Mama Shelter, Mondrian, Morgans Originals, SLS, SO/, The Hoxton, TRIBE and Working From_.
Ennismore the fastest-growing lifestyle hospitality company to open four new hotels in New Zealand with CP Group
Ennismore CP Group partnership will open four new hotels including JO&JOE Auckland, two TRIBE hotels Auckland, and a Hyde Queenstown, creating 170 new career opportunities. Gaurav Bhushan, Co-CEO Ennismore, said, “This is a major milestone in Ennismore’s journey to bring our globally...
Rydges named New hotel operator for iconic Rotorua property
NZ Hotel Holdings has chosen Rydges as new operator for its Rotorua property, which will see Holiday Inn Rotorua become a Rydges Hotel from July, 2022. The Rotorua Hotel is part of a portfolio of hotels owned by NZ Hotel Holdings, a partnership between NZ Super Fund, The Russell Property Group...