Avani Hotels & Resorts, currently with a
portfolio of 18 hotels and resorts in 12 countries across Asia
Pacific, the Middle East, Africa and Europe, has acquired the
Metro Suites business in Auckland, New Zealand.
In a deal worth
over NZ$ 11 million, the Metro Suites business currently operates
in the luxury 40-storey tower and will be transformed through a
major room refurbishment programme.
Upon completion in October
2017, the property will be rebranded as Metropolis Avani
Residences, signaling the Avani brand’s debut in New Zealand.
Alejandro Bernabe, Group Director Avani Hotels &
Resorts, said, “We are delighted to reach agreement with the
Metropolis body corporate to secure this hotel business in the
very strong Auckland hotel market, as well as launch our Avani
brand into New Zealand. Metro Suites presented itself as a
compelling acquisition opportunity to expand our foothold within
the Asia Pacific region, and we look forward to introducing the
Avani brand into this market later this year following a
significant refurbishment programme.”
Located in Auckland on
New Zealand’s North Island, the 370-key property was built in 1999
at a reported NZ$ 180 million and occupies a prime CBD position in
the ‘City of Sales’ – the country’s largest and most populated
city.
The soon-to-be Metropolis Avani
Residences is within easy walking distance to the vibrant
waterfront precinct and positioned in close proximity to some of
Auckland’s most popular cafes, eateries and entertainment venues,
including Vector Arena and Sky Tower.
Each
of the property’s one and two bedroom apartments will be
transformed as part of the revitalisation programme. Rooms will feature living and dining areas, kitchens
and laundry facilities, and will offer views over the
city skyline, harbour and beyond.
Leisure facilities include a
22-metre heated swimming pool, indoor and outdoor spas, a sauna, gymnasium with male and female facilities, and steam room.
Avani Hotels & Resorts is part of
Thailand-based Minor Hotels
Group which already has a
presence in New Zealand through its Oaks Hotels & Resorts brand
where it currently operates two resorts in Queenstown.
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