Many New Zealand hotel markets are outperforming their Australian counterparts as demand for rooms continues to outstrip supply with Queenstown, Auckland and Rotorua among Australasia's top markets.
Already occupying a much-loved heritage building in Dunedin, Wains Hotel is set to relaunch as a 5 star boutique hotel in late 2018, revealing an opulence and standard not seen in Dunedin.
After 18 years of trading, the owners of the Milton Chalet Motel are offering to market the business and management rights via Rick Warren of Resort Brokers New Zealand.
New Zealand's first Wyndham Garden hotel opens in Queenstown
Today's opening of the much-anticipated 75-room Wyndham Garden Remarkables Park, Queenstown brings Wyndham Hotel Group’s NZ portfolio to nine hotels and will be a welcome addition to the city's booming tourism industry.
Highest-ever pedestrian numbers recorded in Queenstown CBD
More people are pounding the pavements in central Queenstown than ever before, with the pedestrian count up 18 per cent on last year, 10 per cent on prior record.
New Zealand can’t afford to ease up on hotel development
Thousands of more new hotel rooms are set to come on stream within the next seven years as a result of increased levels of hotel construction activity but New Zealand is still at risk of being left behind by other tourist friendly countries.
A survey of hundreds of travellers around the globe by The Rees Hotel Queenstown, New Zealand has shown that hotels remain by far still the tried and true favourite for both leisure and business guests.
If you search the World Wide Web for forecasting software you get over 16 million hits, an issue which Forecast5 is tackling head on producing an integrated suite of Profit and Loss, Balance Sheet, Cashflow and FundsFlow reports.
Choice Hotels Asia Pacific has announced the acquisition of four new-build properties across Australia and New Zealand, adding a total of 431 rooms to the group’s portfolio in the next three years.
Why investors need to check-in to NZ’s motel sector
New Zealand’s accommodation sector is in an enviable position, with the number of tourists surpassing the number of beds available with motels being a cost-effective point of entry.
Hotel investors still on the lookout amid COVID-19 - CBRE Survey
The Australian hotel industry remains cautiously optimistic about medium-term investor appetite amid the COVID-19 pandemic, according to CBRE Research’s latest Hotel Market Survey.
Emerging 'dark kitchen' trend among food retailers - CBRE
As Australia’s hospitality retailers look towards delivery services to bolster business during the COVID-19 pandemic, CBRE has released a report on the emerging dark kitchen trend feeding Australia’s growing meal delivery economy.
