After a failed bid for NZ’s only listed hotel group, the Singaporean hotelier has selected the five-star hotel as the first in the southern hemisphere to join his elite collection.
Share price recovery follows initial hit in the wake of travel and oil price fears on the US/Israel-Iran conflict.
Company chair signals the motorhome company is open to a revised bid from the Apollo RV founder consortium or ‘other potential bidders’ at above $663m level.
The new rules should be in place by April.
Powerboat and water ski racing returns to the Wairoa River, giving the flood-weary Hawke’s Bay town a reason to gather, remember, and enjoy itself for a weekend.
Ngāi Tahu Tourism’s premium Hollyford Wilderness Experience mixes comfort, cultural responsibility, and conservation work in a valley where Fiordland still feels like itself.
The industry has yet to get back to pre-pandemic levels, but NZICC opening is a good start.
Sale to an Australian buyer follows write downs due to poor trading and anti-money laundering issues.
Australian entertainment and hotels company EVT has picked up the first of the New Zealand Hotel Holdings eight-hotel portfolio.
A jump in international arrivals and the drawcard of concerts and major events helped boost national hotel occupancy levels and daily rates to pre-pandemic levels.