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.
NZ Tourism industry supports public service reform
State Services Minister Chris Hipkins has announced plans to reform the public service, paving the way for government agencies to work together on common issues - Tourism Industry Aotearoa supportive.
Groupe GM with partner Paris Groupe announce expansion to Australia and New Zealand
Paris, July 18th 2019 – Groupe GM, a leading international player in the guest amenity industry, has announced its expansion with its new exclusive partner, Paris Groupe Ltd in Australia and New Zealand.
Waldorf Apartments rebrand as Nesuto as it strives to triple its Australasia footprint
July 18, 2019 - Daiwa Living Waldorf will rebrand its Waldorf Apartments portfolio to Nesuto this week as a reflection of the new direction for the group.
Want to know which visitor market best suits your NZ tourism offering?
Or have an idea for a new tourism product or experience and want to know where to target your marketing? The Tourism New Zealand Visitor Profile tool helps determine which high-value visitors from six key visitor markets are the best match for your product.
Naumi hotels announces acquisition of second Queenstown hotel, Central Ridge Boutique Hotel
Naumi Hotels, a Singapore-based private hotel owner and operator is pleased to announce it has acquired another hotel in Queenstown, the Central Ridge Boutique Hotel.
DoubleTree by Hilton hotel to be built at Auckland’s Karaka
New Zealand Bloodstock, a bloodstock auction, insurance, airfreight and finance company, has begun constructing a new hotel at Karaka, the Double Tree by Hilton.
Government tourism strategy supports sustainable development
The new Government tourism strategy will enable a closer working relationship between government and the tourism industry, to the benefit of New Zealand and New Zealanders, says Tourism Industry Aotearoa.
New Zealand tourism industry disappointed at bed tax proposal
Tourism Industry Aotearoa agrees that local authorities need a helping hand to support the growth of tourism, but is disappointed that the Productivity Commission has defaulted to a bed tax.
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.