Developer focus

We speak to John Chow, director of Stonewood Group, a development firm with a growing interest in hotels across New Zealand.

What attracted you to the hotel industry in New Zealand? We have interest from international brands who are looking at opening hotels in our cities and provincial locations thanks to growing demand for accommodation. New Zealand is experiencing increased numbers of visitor arrivals and hotel nights, driven by significant increases in international air capacity, a growing domestic market and the country’s global reputation as a beautiful, clean and friendly destination. This reputation attracts both the long-haul and the short-haul markets internationally. For example, we identified the lack of a branded, five-star hotel in Rotorua and decided to tie up with one of the leading international brands (Accor) to open a Pullman there. The most important and relevant factor is that New Zealand is a safe and stable investment destination, which…

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Interior (Digital) - 1 Issue, March / May 2020

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