Novotel and Ibis Hotel Christchurch Sold for NZ$43 million
Dean Humphries, Colliers’ National Director of Hotels sold the accommodation hotels, with on-going management by AccorHotels, to an offshore investment company to complement its existing New Zealand hotel portfolio.
Novotel Melbourne on Collins, has been sold to Frasers Hospitality Trust for AUD 237 million
Craig Collins, CEO Australasia, JLL's Hotels & Hospitality Group together with Simon Rooney, Head of JLL's Retail Investments - Australasia brokered the transaction.
Brisbane attracted a record 1.169 million international visitors last year, also attracting a record increase in domestic holiday visitors over the same period.