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.
New Zealand hotel development on the rise, Dean Humphries Colliers International
New Zealand is in its 6th consecutive year of a tourism boom which began in 2013 and with limited new hotel supply delivered over this period; it is not surprising that the hotel sector has finally entered a strong development phase.
New Zealand's tourism boom waiting for new hotels Dean Humphries Colliers International
New hotel supply is the main issue holding back New Zealand’s booming tourism sector, with the industry struggling to add more hotel inventory in key tourism regions, despite New Zealand’s record 3.7 million international visitors in the last year.
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.
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.
Colliers International release New Zealand Hotel Market Snapshot May 2017
Dean Humphries, National Director of Hotels New Zealand and South Pacific says the New Zealand hotel sector is set up for potentially its best performing year on record.
Queenstown leads most buoyant period for hotel sales in a decade
The booming tourist hot spot also notched up the largest single hotel transaction of the last decade, with the 273-room Novotel Lakeside Queenstown changing hands for $91m.
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.
