Waterfront Queenstown backpackers accommodation for sale
A stunning Queenstown waterfront property with sweeping mountain and lake views is for sale by Colliers International as an astute investment with plentiful redevelopment potential.
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.
Wyndham Expands in New Zealand with Second Hotel in Queenstown
Wyndham Hotel Group has announced the signing of its second hotel in Queenstown, ideally timed to service a need for high-quality accommodation in New Zealand’s third largest tourism market.
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.
Currently operating as Arrowtown Lodge with very strong forward bookings this short-term stay accommodation in New Zealand features three beautifully appointed and separate boutique cottages in keeping with local heritage on the market by Adrian Chisolm of Tourism properties.
