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Hot Topic NBR Focus: GMO
Hot Topic NBR Focus: GMO
Property
4 mins to read

Hotel development continues despite Covid

New hotel developments risk further stressing the market by adding supply.

Andrew Bevin Wed, 16 Sep 2020

The hotel sector is forging ahead with developments and new openings despite financial pressure facing operators and high vacancies caused by the Covid pandemic.

The luxury Park Hyatt Auckland hotel opened yesterday, adding 195 rooms to the city’s supply; The Hotel Britomart is set to open in

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Andrew Bevin Wed, 16 Sep 2020
Contact the Writer: andrew@nbr.co.nz
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Hotel development continues despite Covid
Property,
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