Colliers release New Zealand Hotel Sales Report March 2017
The New Zealand hotel market has in recent times witnessed its most buoyant period of transactional activity since 2005/06 with over $500 million of hotel assets changing hands in 2015/16.
AccorHotels’ Pullman Brand Selected for Auckland Airport’s First 5-Star Hotel
AccorHotels’ Pullman brand has been selected by Auckland Airport and Tainui Group Holdings for a new 5-star hotel to be developed adjacent to Auckland Airport’s international terminal.
The Ritz-Carlton Announces First Hotel In New Zealand
The Ritz-Carlton Hotel Company L.L.C. has signed a management agreement with NDG Asia Pacific (NZ) Limited to open the first Ritz-Carlton property in Auckland, New Zealand in 2019.