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Commercial | Commercial Real Estate | Geelong Advertiser

Commercial | Commercial Real Estate | Geelong Advertiser

New White Paper Identifies Hotels as Underleveraged Investment Assets : 4Hoteliers

New White Paper Identifies Hotels as Underleveraged Investment Assets : 4Hoteliers
4hoteliers.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from 4hoteliers.com Daily Mail and Mail on Sunday newspapers.

New 494-room $200m Auckland hotel - Holiday Inn Express/voco brands at Pro-invest tower

New 494-room $200m Auckland hotel - Holiday Inn Express/voco brands at Pro-invest tower 11 May, 2021 05:32 AM 4 minutes to read The new hotel (centre) looking down Albert St. Photo / Alex Burton Construction of Auckland s tallest new hotel is nearing completion in a 37-level $200 million job planned to bring the new-to-New Zealand voco brand here. Icon Construction is finishing the new 494-room building on the Albert St/Wyndham St corner in the CBD on the ex-Wilson & Horton/APN/NZME site two blocks up from the waterfront. Abhijay Sandilya, IHG Hotels & Resorts development vice-president for Japan, Australasia and the Pacific said today that, despite Covid, the hotel was a large asset that had been built for the longer term.

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