The four year partnership extension will see AccorHotels continue as the official accommodation partner of the NRL, supporting Clubs and State of Origin teams across Australia and New Zealand.
Crown land earmarked for five-star hotel adjoining Christchurch convention centre
An operator is being sought for a five-star hotel, which will form part of a well-planned development in Christchurch’s Cathedral Square, neighbouring the $240m Christchurch Convention Centre due to be completed in 2020.
Stats NZ has reported that guest nights spent in short-term accommodation reached record levels in January 2018 rising to 4.97 million, 1.4 percent higher than in January 2017.
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.
IHG’s Crowne Plaza hotels are the first hotel network to install Tesla Destination Chargers at all of their properties across Australasia, connecting 12 properties with cutting-edge technology for a growing customer segment.
ACCC approves $1.3bn Mantra acquisition by AccorHotels
The ACCC (Australian Competition & Consumer Commission) has this morning announced that it will not oppose the 127 hotel, $1.3 billion acquisition of Australia's Mantra Group by AccorHotels.
The performance of New Zealand hotels nationwide continues to improve with a recorded occupancy rate of 81.2% in the year to December 2017, with Queenstown the fastest growing market again in 2017 reporting RevPAR growth of 16.1%.
Kiwi tourism and increase in superyacht numbers set to deliver strong returns in 2021
The growing size of the global superyacht fleet and New Zealand’s rising popularity as a tourism destination is set to mean the 36th America’s Cup in 2021 will be the biggest yet for Auckland, according to a new report by CBRE.
Savills release their Feb 2018 Hotels Market Report
According to the report, hotels in Sydney and Melbourne are experiencing unprecedented trading performance, however there was a relative dearth of sales activity in 2017 with national transaction values down 35% compared to the 2016 calendar year.
New Zealand is likely to start feeling the effects of “tourism fatigue” as record-breaking visitor numbers put an increasing strain on accommodation and infrastructure.