Australia and New Zealand Travelodge brand for sale with Tucker Box Hotel Trust
The Expressions of Interest campaign for largest hotel portfolio ever to be offered to market has just over a month to run, with McVay Property and Credit Suisse managing the process.
New Zealand hotel occupancy rebounds following August drop - Colliers
Colliers International's New Zealand Hotel Market Snapshot Q3 2020 shows the country's hotel occupancy has recorded an improved third quarter performance following historic lows as a result of the pandemic earlier this year.
Choice Hotels welcomes two new properties to its Asia Pacific portfolio
Choice Hotels Asia-Pac has added two new hotels to its extensive portfolio, increasing its footprint in South Australia with the Comfort Inn The Lakes, and across the Tasman in New Zealand with Quality Suites Amore.
Pro-invest set to launch first NZ Holiday Inn Express property in Queenstown
Pro-invest Group is set to launch its first hotel in New Zealand with its doors opening to guests in Queenstown for the school holidays and the start of ski season next month.
Ramada by Wyndham reunites eight babies born at Queenstown hotel in lockdown
The Ramada Suites by Wyndham Remarkables Park Queenstown welcomed eight healthy babies into the world during the nation-wide lockdown following the closure of the local hospital’s maternity ward due to a COVID-19 case.
Clear Ridge Management Rights NZ offer an attractive lifestyle package says Bayleys Real Estate
The Clear Ridge apartment and management rights business for sale in the New Zealand alpine township of Hanmer Springs through Bayleys’ Kate Mullins. The asking price is $980,000.
Confidence in New Zealand’s hotel sector - Bayleys
As New Zealand’s borders reopen allowing international travellers and a hospitality workforce to enter the country again, the hotel sector is geared up for visitors – and investment opportunity.
Bayleys backs New Zealand’s tourism sector with acquisition of Resort Brokers
A strong belief in New Zealand’s tourism sector and a desire for a more consolidated presence in the real estate side of the tourism industry has prompted Bayleys’ recent acquisition of the market-leading Resort Brokers New Zealand brand and business.
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.