Wealthy Pandey family to spend $100m on hotel upgrades
The NBR richlister family group is turning backpackers into "affordable" five-star hotels.
Julie Iles
Fri, 10 Jul 2020
Hot Topic
Hawke’s Bay
New Zealand’s largest privately-owned hotel group, CPG Hotels, is making a $100 million investment to upgrade and relaunch six hotels in Dunedin, Christchurch, Picton, Wellington and Auckland as part of its new luxury boutique hotel brand.
The company is owned by the Pandey family, worth an
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Julie Iles
Fri, 10 Jul 2020
Contact the Writer: julie@nbr.co.nz
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Wealthy Pandey family to spend $100m on hotel upgrades
Property,
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