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.
Colliers International release their Australia New Zealand Capital Market Investment Review Hotels research report
Gus Moors and Karen Wales of Colliers International have found that Australian hotel transaction activity slowed in FYE2018 with volumes easing to $1.338 billion - however deal flow increased with 35 transactions (above $10 million) concluding throughout the year; This compares to 30...
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.
Stone Terrace Villa Estate for sale Gordon McGregor Resort Brokers New Zealand
Set on the eastern coast of the Coromandel peninsula in New Zealand, just over a two hour drive from Auckland, Stone Terrace Villa Estate is offered for sale by Resort Brokers New Zealand Director, Gordon McGregor.
InterContinental Hotel Auckland to anchor $1bn One Queen Street development in Commercial Bay
Auckland will welcome a flagship 244-room InterContinental hotel in 2022 with IHG and Precinct Properties signing a management agreement, which will complete the $1 billion Commercial Bay mixed-use development.
The new six-storey, 57-room ‘mi-pad Queenstown’ puts technology firmly in control of the guest via the “mia” smartphone app - dubbed the country’s first “smart” hotel.
$13.2 million NZ Government fund to create Otago cycle trail network
The New Zealand Government has committed $13.2 million to the proposed extension of Ngā Haerenga, the New Zealand Cycle Trail, which will connect four existing Great Rides and link 30 communities.
Auckland CBD Holiday Inn and EVEN Hotel site sold to Pro-Invest for $31m
Part of an Auckland CBD site which was previously home to the New Zealand Herald for over 150 years has sold for $31 million to Pro-Invest, who is planning a 490-room dual branded hotel development of around 37 levels on the site.
Virgin announces wifi on New Zealand trans-tasman flights
With New Zealand's visitor boom continuing, Hotels aren't the only industry staying ahead of the curve - with Virgin Australia announcing a suite of enhancements to make the journey to New Zealand even more comfortable for Australian travellers, including becoming the only airline to offer WiFi...
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.