Confidence in New Zealand’s hotel sector - Bayleys
As New Zealand’s borders reopen allowing international travellers and a hospitality workforce to enter the country again, the hotel sector is geared up for visitors – and investment opportunity.
Renowned Haka Lodge sold on Auckland's Karangahape Road by tender campaign
After a short time on the market, the renowned Haka Lodge on Auckland’s Karangahape Road has sold by way of a tender campaign, brokered by JLL's Nick Thompson.
Work starts on Wellington’s Convention and Exhibition Centre
The ground has been broken for the Wellington Convention and Exhibition Centre, a first-of-its-kind building for New Zealand, which will lead the way for resilience and sustainability.
NZ Super Fund’s hotel investment the largest ever off market hotel transaction in New Zealand’s history
NZ Super Fund’s investment in a $300 million hotel venture represents the single largest off market hotel transaction in New Zealand’s history, reports the Colliers International specialist advisor who played a strategic role in ongoing negotiations.
Investment demand for New Zealand hotel assets remain high - Colliers International
Investment demand for New Zealand hotel assets remain at an all time high from both offshore and domestic investors. However, opportunities remain scarce as hotel assets remain tightly held with owners electing to retain, based on buoyant trading conditions and further capital appreciation...
Queenstown and Rotorua top performers in Colliers New Zealand Hotel Report
New Zealand’s tourism hotspots of Queenstown and Rotorua are the star performers in the hotel sector in 2018, driving much-needed new supply in both centres.
Auckland New Zealand Hotel Research Report: Horwath HTL
According to Horwath HTL in their latest Auckland Hotel Market Outlook report, 41 hotel projects in various stages are planned to open over the next five years with a total of 6,500 rooms, which if they proceed, represents an increase of approximately 89% of the current major hotel supply in...
Auckland International Airport continues to see tourism growth
In the year to 30 June 2018, Auckland Airport reported the total number of passengers increased by 5.7% to 20.5 million with international passengers reaching 11.2 million (up 4.1% on FY17) and domestic passengers lifting 7.7% to 9.3 million.
New Zealand hotel development on the rise, Dean Humphries Colliers International
New Zealand is in its 6th consecutive year of a tourism boom which began in 2013 and with limited new hotel supply delivered over this period; it is not surprising that the hotel sector has finally entered a strong development phase.
New Zealand’s first Hotel Indigo opening in Auckland
The Auckland CBD will welcome New Zealand’s first 225-room Hotel Indigo in 2021, with IHG officially confirming an agreement with property development company Ninety Four Feet for a new $250m, 41-storey, mixed-use development at 51 Albert Street.