NZ Hotel Holdings' Diverse Hotel Portfolio Up for Grabs

In a significant move, NZ Hotel Holdings (NZHH) has declared its plan to sell its extensive hotel portfolio across the country, making it the largest such portfolio to hit the market in New Zealand. The leading hotel group in New Zealand, NZHH, has decided to sell its portfolio of hotel assets nationwide. The sale is being handled by CBRE’s Michael Simpson, Peter Hamilton, and Nick Hill through an International Expressions of Interest Campaign. The decision to sell aligns with the investors’ strategy to improve high-quality assets and reinvest the profits into further growth opportunities.

Established in 2019, NZ Hotel Holdings is a collaboration between NZ Super Fund, Russell Property Group, and Lockwood Property Group. The partnership’s goal is to develop hotel assets that will enhance both domestic and international tourism in New Zealand.

The portfolio being sold includes prominent Auckland hotels like Four Points by Sheraton, QT Auckland, and Adina Apartment Hotel Britomart. It also comprises Rydges Rotorua and Rydges Wellington, Sofitel Queenstown Hotel and Spa, and BreakFree on Cashel in Christchurch.

The New Zealand Government has been actively supporting tourism growth in the country. With new international tourism campaigns focusing on populous and high-value markets such as India, China, and the USA, it is anticipated that international visits and hotel demands will rise.

Marcus Reinders, the Chief Executive of NZHH, believes that with tourism on the upswing, the time is right for an investor looking for size, geographic variety, and comprehensive coverage of New Zealand’s main tourism markets.

This sale presents the most extensive and all-inclusive selection of investment-grade hotels ever offered in New Zealand. The country, renowned for its breathtaking landscapes, varied wildlife, and rich cultural heritage, is a highly desirable travel destination. This portfolio caters to both business and leisure travelers across all major New Zealand markets.

The International Expressions of Interest Campaign for the portfolio will conclude on Thursday, June 26, 2025, at 4 pm NZST.