Auckland Britomart Hotel to be managed by TFE Hotels
Construction has begun on a new luxury hotel in Auckland’s most vibrant urban neighbourhood, Britomart - The 99-room hotel designed by Cheshire Architects and managed by TFE Hotels, is expected to open early 2020.
Wellington's new DoubleTree by Hilton Hotel has opened its doors - converting an historical CBD building constructed in 1928 into a four and a half star luxury hotel.
The New Zealand Government has granted a $10 million loan for the construction of a high-speed gondola on the Whakapapa ski field to the Knoll Ridge Café, New Zealand's highest café - providing a boost for tourism across the central North Island.
Quest Apartment Hotels has announced its latest 42-room development is coming to Tauranga CBD, with the demolishment of an 80-year-old building making way for the new hotel.
Queenstown and Auckland record strong RevPAR growth
Savills Hotels has reported that New Zealand wide RevPAR has increased 9.7%, with Queenstown and Auckland continuing to perform strongly recording RevPAR growth of 18.6% and 8.0%, respectively.
Auckland's $40m Federal Street Car Park sold to ICD a prime candidate for new hotel development
The $40 million sale of Auckland's Federal Street Car Park building to Australian property group ICD Property Investment has achieved one of the highest price per square metre rates ever recorded in the Auckland CBD and will potentially pave the way for a new luxury hotel development.
A brand new five-star boutique hotel being created as part of one of Auckland’s tallest and most luxurious residential towers in central Auckland, The Pacifica, is being marketed for sale by Warren Hutt and Peter Hamilton of CBRE for developers Hengyi Pacific.
Many New Zealand hotel markets are outperforming their Australian counterparts as demand for rooms continues to outstrip supply with Queenstown, Auckland and Rotorua among Australasia's top markets.
Five-star Horizon Hotel opening in Auckland next year
Auckland's new five-star Horizon Hotel will open in late 2019, bringing 303 new high-end rooms to the city centre being built alongside the New Zealand International Convention Centre.
QT Hotels which has launched two hotels in New Zealand in the past 12 months, has expanded the QT Museum Wellington Hotel by adding 18 rooms, and reveals that more are on the horizon across the country.