A joint venture was signed today between Accor,
Tainui Group Holdings and Auckland International Airport (AIAL),
to develop and operate a 4-star plus 260 room Novotel hotel at
Auckland Airport. The hotel is scheduled to be completed in time
for the Rugby World Cup 2011.
Tainui will act as
lead developer and investor with a majority interest in the joint
venture and AIAL will hold a minority interest. The hotel will be
developed on a long term ground lease granted by AIAL and will be
managed by Accor under its renowned Novotel brand. The total
forecast completed cost is NZ $65million including hotel
construction estimated at approximately $45million. The deal
remains conditional on project finance and construction tender.
Novotel Auckland Airport will be
designed by Warren & Mahoney Architects. The hotel will
feature extensive conference and function
facilities, a restaurant and bar, and leisure facilities. The
hotel will be located within a short walking distance of both the
international and domestic terminals.
Accor’s New Zealand
network already comprises 27 hotels, including five in Auckland.
Accor has a lot of experience operating
airport hotels. The group operates hotels at a large number of key
airports including London’s Heathrow and Gatwick airports, Paris’
Charles de Gaulle, Berlin’s Tegel, and Bangkok’s Suvarnabhumi. In
Australia, Accor has airport hotels in Sydney, Melbourne, Perth
and a new Novotel Brisbane Airport.
Auckland Airport general manager property Peter Alexander
said, “There has been a clear demand from the tourism industry and
travellers for a hotel in the airport terminal precinct for some
time. We are exceptionally pleased to bring together such a strong
group of partners, each bringing a strong track-record, skills and
experience. The outcome will be a great hotel and will deliver yet
another string to the bow of Auckland Airport, one of the 10 best
airports in the world.”
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