Hunt for hotel investment as land and building costs stymie development
Auckland has only a couple of hotel projects on the go.
Sally Lindsay
Tue, 19 Apr 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Land and construction costs are putting the brakes on building new hotels in New Zealand.
As the government goes on the hunt for hotel investment, the industry is facing the same constraints as the commercial development sector, which has struggled to get new projects out of the ground because
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Sally Lindsay
Tue, 19 Apr 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.