The Commerce Commission has brought charges against holiday rental accommodation management & booking company Bachcare Ltd alleging it misled consumers by manipulating online reviews that users of its services posted.
The NZ Super Fund said yesterday it was investing in a $300 million hotel portfolio established by the Russell Group & Lockwood Property Group, creating a platform for the fund to invest further in New Zealand’s tourism sector.
Micro-accommodation provider Jucy Snooze Ltd (Tim & Chris Alpe) has signed a joint venture with a Los Angeles-based hotel developer to operate a Jucy Snooze hotel with over 220 pods under the Stay Open brand in San Diego.
International hotel company Accor announced its intention on Monday to take coworking into a new dimension – inside its hotels.
Augusta Capital Ltd announced last Monday it had entered into an unconditional agreement to acquire land in the Queenstown cbd for a 5-star hotel development, and on Friday it confirmed settlement.
Mulpha Australia Ltd has bought the leasehold 4.5 star Waldorf Stadium Apartment Hotel at Quay Park in Auckland.