QUEENSTOWN - New Zealand's growing hotel market will see the entrance of four new properties under the Radisson Hotel Group from 2021 on South Island.
The group announced the signing of the deal - its largest in Australasia - with subsidiaries of NZ Horizons Limited and Remarkables Hotel Limited for four new-build properties in Queenstown and Lake Tekapo, which together comprise 777 keys.
THE PROPERTIES: QUEENSTOWN & LAKE TEKAPO
The properties - Radisson Blu and Radisson RED hotels in Queenstown, and Radisson Blu and Park Inn by Radisson hotels at Lake Tekapo - are scheduled to open in 2021 and 2022.
The two Queenstown properties will open in a new low-rise development close to the city's international airport and within walking distance to a planned convention centre, as well as a proposed cable car that will directly connect to the Remarkables ski fields.
The 171-key Radisson Blu Hotel Queenstown, Remarkables Park is an upper-upscale property with facilities such as an executive lounge, F&B outlets, a fitness centre and event space. Its art-inspired sibling, Radisson RED Queenstown, Remarkables Park, will have 257 rooms with a stylish F&B outlets, a 24-hour fitness centre and meeting spaces. Both properties are expected to open in Q4 2022.
At Lake Tekapo, a scenic area located midway between Queenstown and Christchurch, Radisson is building a new low-rise hotel complex that will house the 112-key Park Inn by Radisson Lake Tekapo and 237-room Radisson Blu Resort Lake Tekapo, set to open in Q2 2021 and Q4 2022.
The resort will be the first international upper-upscale brand in the locale, and will offer a full range of amenities from an executive lounge, multiple restaurants and bars, a fitness centre, spa, heated indoor swimming pool, and conference and banqueting space.
WHAT THEY SAY
Anthony Tosswill, director of NZ Horizons and Remarkables Hotel Limited said the new projects realise its "vision of bringing a globally recognized hotel brand to the South Island" and reflects "confidence in the region's tourism industry".
"We are also excited to incorporate into our developments our own new modular design and construction methods, that will introduce efficiencies and new skills to the local market. Through strategic partnerships, we are moving closer to our objective of providing globally relevant tourism assets that meet New Zealand's ever-increasing accommodation requirements," he added.
The slew of investments hope to tap Queenstown's promising hotel market. According to hotel research firm STR, Queenstown was the best performing Australasian hotel market in 2018, with revenue per available room (RevPAR) of US$143.32.
The market continues its performing into 2019, with average hotel occupancy at 81.3 percent in the first four months.
The picture is similar in many other New Zealand cities, such as Auckland (82.6 percent), Wellington (79.9 percent) and Christchurch (77.3 percent). This performance reflects the continued strength of the country's tourism industry.
Tourism has continued to grow for the sixth consecutive year, with the country welcoming 3.87 million international travellers in the in the year-to-March 2019, up 1.3% year-on-year.