Novotel New Plymouth Hobson Hotel sold to Ngāmotu Hotels for NZ$23m
A new joint venture entity, Ngāmotu Hotels Limited Partnership, has been established to purchase the Novotel New Plymouth for NZ$23m, currently owned by Hobson Hotel Property Holdings.
Comfort Hotel Wellington and Quality Hotel Wellington sold to Singapore-based Naumi Hotels
Naumi Hotels, the Singapore-based private hotel owner and operator further expands its design-led hospitality label in New Zealand with the purchase of Comfort Hotel Wellington and Quality Hotel Wellington in a deal brokered by Dean Humphries, National Director of Hotels for Colliers...
Auckland Waldorf Stadium Hotel sold, the largest Auckland hotel transaction in 12 years
The 4.5 star Waldorf Stadium Apartment Hotel located in the heart of Auckland CBD has sold to Australian-based Mulpha Group, in a deal brokered by Dean Humphries of Colliers International New Zealand and Wayne Bunz of CBRE Hotels Australia.
Hotel Coachman and Skotel Alpine Resort sold Dean Humphries Colliers New Zealand
The sales of two central North Island hotels in recent weeks have highlighted the strength of New Zealand’s regional tourism economy amid the country’s ongoing tourism boom.
Auckland CBD Holiday Inn and EVEN Hotel site sold to Pro-Invest for $31m
Part of an Auckland CBD site which was previously home to the New Zealand Herald for over 150 years has sold for $31 million to Pro-Invest, who is planning a 490-room dual branded hotel development of around 37 levels on the site.
Auckland CBD Best Western Hotel sold Dean Humphries Colliers International
The 120-room Best Western President Hotel, less than 500m from the site of the New Zealand International Convention Centre, has become the first freehold hotel to sell as a going concern in Auckland’s CBD in five years.
The Motel Oasis complex which consists of 15 spacious units and a conference facility, all air-conditioned, very well appointed with quality chattels was sold by Brent Hannah of Resort Brokers New Zealand.
Auckland's $40m Federal Street Car Park sold to ICD a prime candidate for new hotel development
The $40 million sale of Auckland's Federal Street Car Park building to Australian property group ICD Property Investment has achieved one of the highest price per square metre rates ever recorded in the Auckland CBD and will potentially pave the way for a new luxury hotel development.
Resort Brokers New Zealand have sold the 40 room Wellesley Hotel on the Lake, a characteristic hotel complex on a long-term lease agreement with 29 years remaining.