NEW ZEALAND HOTEL SALES - Colliers · Investment demand for New Zealand hotel assets remain at an...

Post on 20-Jul-2020

2 views 0 download

Transcript of NEW ZEALAND HOTEL SALES - Colliers · Investment demand for New Zealand hotel assets remain at an...

NEW ZEALANDHOTEL SALESResearch and Analysis Report

2017/18

Investment demand for New Zealand hotel assets remain at an all time high from both offshore and domestic investors. However, opportunities remain scarce as hotel assets remain tightly held with owners electing to retain, based on buoyant trading conditions and further capital appreciation expectations.

Dean Humphries

2 Hotel sales in New Zealand 2017/18

3Hotel sales in New Zealand 2017/18

Novotel New Plymouth Hobson

CQ Hotels Wellington* Waldorf Stadium Apartments**

Best Western President Hotel Auckland*

Decommissioned Amora Hotel Wellington*

VR Queen Street Holiday Inn QueenstownAllenby Park Hotel Auckland

4 Hotel sales in New Zealand 2017/18