JLL closes largest sale of a single hotel asset in New Zealand history
Stamford Plaza Auckland sold for NZ$170m by JLL Hotels & Hospitality Group's Nick Thompson. The largest ever single hotel asset in New Zealand history to go unconditional.
Baycrest Thermal Lodge Lake Taupo sold - Bayleys Real Estate
Baycrest Thermal Lodge freehold investment sold to an Auckland investor for $4,375,000 at a yield of 5.6% net through Bayleys Real Estate, New Zealand.
Hotel DeBrett business in Auckland CBD sold through Bayleys Real Estate
The business interest of the Hotel DeBrett sold to Habitat Hotels & Apartments by Gordon McGregor of Bayleys Real Estate. Due to settle in September this year Hotel DeBrett will join Ohtel group under a “sister” brand which has hotels in both Wellington and Auckland. Mr McGregor said the...
. The Ennismore brands are 21c Museum Hotel, 25hours Hotels, Delano, Gleneagles, Hyde, JO&JOE, Mama Shelter, Mondrian, Morgans Originals, SLS, SO/, The Hoxton, TRIBE and Working From_.
Ennismore the fastest-growing lifestyle hospitality company to open four new hotels in New Zealand with CP Group
Ennismore CP Group partnership will open four new hotels including JO&JOE Auckland, two TRIBE hotels Auckland, and a Hyde Queenstown, creating 170 new career opportunities. Gaurav Bhushan, Co-CEO Ennismore, said, “This is a major milestone in Ennismore’s journey to bring our globally...
Rydges named New hotel operator for iconic Rotorua property
NZ Hotel Holdings has chosen Rydges as new operator for its Rotorua property, which will see Holiday Inn Rotorua become a Rydges Hotel from July, 2022. The Rotorua Hotel is part of a portfolio of hotels owned by NZ Hotel Holdings, a partnership between NZ Super Fund, The Russell Property Group...
IHG readies to open three landmark voco Hotels over the next two months voco Melbourne Central (28 April), voco Auckland City Centre (12 May) and voco Brisbane City Centre (27 May).
Fable Hotels & Resorts has added another property to its 5-star portfolio with the addition of Canterbury’s iconic Terrace Downs Resort, set to officially open as Fable Terrace Downs Resort.
Luxury South Island NZ Terrace Downs Resort joins Fable Hotels & Resorts
Fable Hotels & Resorts has added another property to its 5-star portfolio with the addition of Canterbury’s iconic Terrace Downs Resort, set to officially open as Fable Terrace Downs Resort.
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...
QT Auckland Hotel sold to NZ Hotel Holdings, a partnership between the NZ Super Fund, The Russell Property Group and Lockwood Property Group by Dean Humphries, National Director of Hotels for Colliers NZ.
QT Auckland Hotel sold to NZ Hotel Holdings, a partnership between the NZ Super Fund, The Russell Property Group and Lockwood Property Group by Dean Humphries, National Director of Hotels for Colliers NZ.