Swiss-Belhotel Acquires Hotel in Queenstown, New Zealand

Swiss-Belhotel International, an Hong Kong-based hotel management company owned in partnership by Gavin M. Faull, a New Zealand International businessman, has purchased the Swiss-Belresort Coronet Peak, Queenstown.

“This is a strategic move by Swiss-Belhotel International” said Chairman and President, Gavin Faull “and endorses our confidence in Queenstown and the booming New Zealand tourism market.”

Swiss-Belresort Coronet Peak is located near the Coronet Peak ski fields as well as the Shotover Jet operation and is just across the road from the famous Onsen Hot Pools.

The hotel has 78 rooms and suites, a seven-lane bowling alley, two bars, two restaurants, and supporting facilities including gardens and recreation areas.

Swiss-Belhotel International will be totally refurbishing the hotel over the next 18 months.

“It is the philosophy of Swiss-Belhotel International to ensure that their hotel operations contribute to, and are part of, the community in which they operate and we will definitely make Swiss-Belresort Coronet Peak part of the Queenstown community,” Gavin added. “In this regard the management is already discussing setting up a local farmers market in the open areas of the hotel on a weekend basis to attract the tourist and the local inhabitants.”

Swiss-Belhotel International is also looking for similar investment and management opportunities in New Zealand and the company is already in negotiation with investors regarding hotel operations in Auckland and other parts of New Zealand.