Included in the $400 million of hotel sales this year are a number of high-profile assets, including the five-star Sofitel Queenstown, 280 room Rydges Wellington, and the recently completed luxury lifestyle hotel QT Auckland.
Record year of hotel transactions in New Zealand despite pandemic says Colliers
New Zealand has recorded the highest level of hotel transactions on record in 2021. Dean Humphries, National Director of Hotels for Colliers, says in the calendar year ending 31 December in excess of $400 million of hotel deals will have settled, representing a staggering 33 per cent increase on...
