Crowne Plaza makes its return to Christchurch, New Zealand
Promising to be the largest upscale hotel in the Christchurch CBD with 204 modern rooms, a new café, bar and restaurant and four modern event spaces, the hotel opened its doors last month.
Resort Brokers NZ release their quarterly publication The Tourism Informer
The 'Small Business Brokering Office of the Year 2016' have released The Tourism Informer which is distributed to over 4,000 investors and industry participants in New Zealand.
Regional New Zealand hotel sales signal rising demand
An Australian investor has purchased the 51-room Ambassador Hotel Hamilton, while an Auckland investor has bought The Park Hotel Ruapehu, an 82-room hotel in the central North Island’s National Park.
Wyndham Expands in New Zealand with Second Hotel in Queenstown
Wyndham Hotel Group has announced the signing of its second hotel in Queenstown, ideally timed to service a need for high-quality accommodation in New Zealand’s third largest tourism market.
Colliers International release New Zealand Hotel Market Snapshot May 2017
Dean Humphries, National Director of Hotels New Zealand and South Pacific says the New Zealand hotel sector is set up for potentially its best performing year on record.
Queenstown leads most buoyant period for hotel sales in a decade
The booming tourist hot spot also notched up the largest single hotel transaction of the last decade, with the 273-room Novotel Lakeside Queenstown changing hands for $91m.
Colliers release New Zealand Hotel Sales Report March 2017
The New Zealand hotel market has in recent times witnessed its most buoyant period of transactional activity since 2005/06 with over $500 million of hotel assets changing hands in 2015/16.