Fable Hotels & Resorts has added another property to its 5-star portfolio with the addition of Canterbury’s iconic Terrace Downs Resort, set to officially open as Fable Terrace Downs Resort.
Luxury South Island NZ Terrace Downs Resort joins Fable Hotels & Resorts
Fable Hotels & Resorts has added another property to its 5-star portfolio with the addition of Canterbury’s iconic Terrace Downs Resort, set to officially open as Fable Terrace Downs Resort.
Following a record year of hotel sales in New Zealand, the industry is set to take another step forward after the recent government announcement signalling a gradual reopening of the border in 2022, according to the latest Hotel Market Snapshot Report from Colliers.
Included in the $400 million of hotel sales this year are a number of high-profile assets, including the five-star Sofitel Queenstown, 280 room Rydges Wellington, and the recently completed luxury lifestyle hotel QT Auckland.
Record year of hotel transactions in New Zealand despite pandemic says Colliers
New Zealand has recorded the highest level of hotel transactions on record in 2021. Dean Humphries, National Director of Hotels for Colliers, says in the calendar year ending 31 December in excess of $400 million of hotel deals will have settled, representing a staggering 33 per cent increase on...
The 4-star modular hotel, sold by Wayne Keene and Paul Dixon of Bayleys Real Estate is located around 300m from the new Christchurch convention centre.
Carnmore Hotel Christchurch sold by Bayleys Real Estate
The 4-star modular hotel sold for NZ$18.4 million by Wayne Keene and Paul Dixon of Bayleys Real Estate is located around 300m from the new Christchurch convention centre.
Gill Ireland of Bayleys Real Estate has listed New Zealand’s Appleby House and Rabbit Island Huts for sale
Nov 15, 2021
Appleby House and Rabbit Island Huts for sale - Bayleys Real Estate
This stunning New Zealnd luxury accomodation lodge for sale by Gill Ireland of Bayleys Real Estate mixes rural, urban, coastal, and riverside scenery in a growing region.
The Rydges Wellington hotel sold to NZ Hotel Holdings Asset LP (NZHHALP); a partnership between The Russell Property Group, and Lockwood Property Group brokered by Dean Humphries National Director Hotels for Colliers.
Largest hotel transaction 2021 in NZ sold Circa $100m by Colliers
The Rydges Wellington hotel sold to NZ Hotel Holdings Asset LP (NZHHALP); a partnership between the NZ Super Fund, The Russell Property Group, and Lockwood Property Group brokered by Dean Humphries National Director Hotels for Colliers.
The Hotel Nelson a 80-guest room hotel at 40 Waimea Road Nelson sold by JLL Brokers Nick Thompson and Harry Fergusson who were exclusively appointed to market the property for sale off-market by way of expressions of interest.
Mathew Simister has been appointed General Manager of the new-build Holiday Inn Queenstown Remarkables Park, which is expected to open in early December this year.
...
Mathew Simister to lead the opening of New Zealand’s new flagship Holiday Inn hotel Queenstown NZ
Mathew Simister has been appointed General Manager of the new-build Holiday Inn Queenstown Remarkables Park, which is expected to open in early December this year.
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.