Why investors need to check-in to NZ’s motel sector
New Zealand’s accommodation sector is in an enviable position, with the number of tourists surpassing the number of beds available with motels being a cost-effective point of entry.
The 2017 financial year has exceeded all of Resort Brokers New Zealand expectations, with the final two transactions being settled before the end of March, their total gross sales value eclipsed the previous financial year result.
After a 4 week international marketing campaign by Ray White Group's Number One agent internationally, Andrew Jolliffe, has this morning sold under the hammer the Padstow Park Hotel for $26 million.
Brisbane's Emporium Hotel South Bank set to open in July
Brisbane's new flagship Emporium Hotel South Bank in the $600 million Southpoint development is set to open on 1 July 2018, with bookings for accommodation, conferencing and events now available.
The ACT Government has approved the $1 billion Republic development, the largest mixed-use project ever approved in the national capital, including the city’s tallest and highest building.
Fabio Ongarato Design wins at AHEAD Awards for luxury hotel Jackalope
In the latest example of Fabio Ongarato Design’s growing recognition in the Asia-Pacific region, the design studio is recognised in Singapore by the AHEAD awards, winning an accolade for its work on luxury Australian hotel Jackalope.
Regional Economic Development Minister Shane Jones has announced the Provincial Growth Fund (PGF) will help support a desperately-needed upgrade at the Bay of Islands Airport in Kerikeri.
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.
