With Auckland's hotel sector being one of the best performing hotel markets in the Asia-Pacific region and seeing unprecedented growth, the announcement of The Waldorf coming to market represents the first hotel acquisition opportunity in the CBD since 2012.
New Zealand can’t afford to ease up on hotel development
Thousands of more new hotel rooms are set to come on stream within the next seven years as a result of increased levels of hotel construction activity but New Zealand is still at risk of being left behind by other tourist friendly countries.
The Docks Auckland management rights hits the market
Resort Brokers New Zealand offer for sale the Management Rights to The Docks Auckland which includes 82 apartments in the letting pool expiring late 2037.
A survey of hundreds of travellers around the globe by The Rees Hotel Queenstown, New Zealand has shown that hotels remain by far still the tried and true favourite for both leisure and business guests.
If you search the World Wide Web for forecasting software you get over 16 million hits, an issue which Forecast5 is tackling head on producing an integrated suite of Profit and Loss, Balance Sheet, Cashflow and FundsFlow reports.
The New Zealand International Convention Centre (NZICC) will host the Asia-Pacific Association of International Education (APAIE) Conference in 2021, which is expected to attract more than 1,700 delegates and 200 exhibitors, who will stay a total of 8,700 visitor nights and contribute an...
Why investors need to check-in to NZ’s motel sector
New Zealand’s accommodation sector is in an enviable position, with the number of tourists surpassing the number of beds available with motels being a cost-effective point of entry.
The 2017 financial year has exceeded all of Resort Brokers New Zealand expectations, with the final two transactions being settled before the end of March, their total gross sales value eclipsed the previous financial year result.
Regional Economic Development Minister Shane Jones has announced the Provincial Growth Fund (PGF) will help support a desperately-needed upgrade at the Bay of Islands Airport in Kerikeri.
Auckland secures $33m worth of business events from Australia
Auckland’s increased focus on developing the Australian market as a source of business events has paid dividends – resulting in the city hosting $33 million worth of business events since the Auckland Business Events Plan launched in 2014.
Hotel investors still on the lookout amid COVID-19 - CBRE Survey
The Australian hotel industry remains cautiously optimistic about medium-term investor appetite amid the COVID-19 pandemic, according to CBRE Research’s latest Hotel Market Survey.
Emerging 'dark kitchen' trend among food retailers - CBRE
As Australia’s hospitality retailers look towards delivery services to bolster business during the COVID-19 pandemic, CBRE has released a report on the emerging dark kitchen trend feeding Australia’s growing meal delivery economy.