Novotel Christchurch Airport Hotel Highlights City’s Tourism and Business Travel Resurgence
Novotel Christchurch Airport Hotel is proving illustrative of the city’s return to boom times. The hotel’s first Open Day, on 1 June, is both a milestone and celebration, after it opened at the end of 2019 and this year is experiencing its first full year of uninterrupted occupancy.
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...
Hotel investment appetite strong despite short-term tourism outlook - CBRE
Nearly 90% of hotel-industry participants in Australia and New Zealand are looking to maintain or increase their exposure to the sector, despite a consensus that per-room revenue in some major cities could take three-to-five years to recover to pre-pandemic levels.
Air New Zealand raises NZD $1.2 billion as it focuses on reconnecting New Zealand with the world
Air New Zealand has announced it has completed its Rights Offer, raising a total of NZ$1.2 billion. Air New Zealand Chair Dame Therese Walsh says this is fantastic news for the airline and New Zealand.
Delayed but welcomed hotels recovery set to hit New Zealand shores says Colliers
The past few months have brought a significant amount of positive news for New Zealand’s hotel sector as it continues on the path to recovery following the Covid-19 pandemic says Dean Humphries, National Director of Hotels at Colliers.
Following a record year of hotel sales in New Zealand, the industry is set to take another step forward after the recent government announcement signalling a gradual reopening of the border in 2022, according to the latest Hotel Market Snapshot Report from Colliers.
Included in the $400 million of hotel sales this year are a number of high-profile assets, including the five-star Sofitel Queenstown, 280 room Rydges Wellington, and the recently completed luxury lifestyle hotel QT Auckland.
Record year of hotel transactions in New Zealand despite pandemic says Colliers
New Zealand has recorded the highest level of hotel transactions on record in 2021. Dean Humphries, National Director of Hotels for Colliers, says in the calendar year ending 31 December in excess of $400 million of hotel deals will have settled, representing a staggering 33 per cent increase on...
JLL New Zealand Hotels & Hospitality Group Director Nick Thompson and Andrew Monteith, Partner at MinterEllisonRuddWatts, together hosted the New Zealand Hotel Investment Forum.
Future of NZ hotels tied to vaccine rollout and border settings says industry forum hosted JLL and MinterEllisonRuddWatts
The future of New Zealand’s hotel industry is promising but the opportunity for a tourism rebound relies on a successful vaccine rollout and a corresponding loosening of border restrictions, speakers found at the New Zealand Hotel Investment Forum this month hosted by Andrew Monteith, Partner at...
With more than 50 speakers confirmed to present at the Maximum Occupancy Accommodation Industry Conference there are only a few remaining tickets left for the conference being held on 18-19 August at the Aotea Centre in Auckland.
Biggest line-up of speakers ever at Maximum Occupancy Accommodation Industry Conference 2021
With less than 10 days till the doors open, the Maximum Occupancy Accommodation Industry Conference will present its biggest line-up of speakers in its 9 year history in New Zealand.
2020 was a year of unprecedented disruption for the hotel and accommodation sector in Australia and New Zealand, as international demand disappeared, and domestic travel was impacted by state-based COVID-19 travel restrictions.
2020 was a year of unprecedented disruption for the hotel and accommodation sector in Australia and New Zealand, as international demand disappeared, and domestic travel was impacted by state-based COVID-19 travel restrictions.
