Hotel development in New Zealand shows unprecedented growth
Auckland, alone, has nine current hotel projects under construction and 30 more in the pipeline as investors look to take advantage of the ongoing tourism boom that started in 2013.
Central Auckland's Scene Three Apartments has great growth potential
The Management Rights of the Scene Three apartment complex, with 1, 2, and 3 bedroom apartments are for sale through Gordon McGregor of Resort Brokers New Zealand.
Third Ramada Suites announced for Auckland next year
Wyndham Hotel Group has announced its third Ramada Suites in Auckland – Ramada Suites Victoria Street West, Auckland – which will also be the company’s twelfth property in New Zealand to be project managed by local developer Safari Group.
$11 million Trans-Tasman deal signals first NZ Avani hotel
Minor Hotel Group (MHG), is set to debut its upscale AVANI brand in New Zealand following the sale of Auckland’s landmark 40-storey CBD Metropolis tower Management Rights along with a parcel of units, negotiated by Resort Brokers New Zealand.
Regional New Zealand hotel sales signal rising demand
An Australian investor has purchased the 51-room Ambassador Hotel Hamilton, while an Auckland investor has bought The Park Hotel Ruapehu, an 82-room hotel in the central North Island’s National Park.
Cordis Hotels & Resorts geared for growth in Asia Pacific
The group accelerates expansion plans this week with the opening of Cordis, Shanghai, Hongqiao, signing of Cordis Hangzhou and the re-branding of its Auckland property to a Cordis hotel.
