Hotel deals hit $200m-plus as Brookfield, Pandey loom
Queenstown hotel deals are leading the stakes, as the sector returns to life and the resort town's average summer rate hits $429 a night.
The Sofitel Queenstown.
Brookfield Asset Management is understood to be lining up as the buyer of the Sofitel Queenstown and Rydges Wellington – two of the cherries in NZ Hotel Holdings' $600 million property portfolio.
The price for the hotel duo hasn't been disclosed, although the 84-room, five-star Sofitel is
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