Millennium & Copthorne Hotels NZ Ltd has conditionally bought a site from the Whangarei District Council for a 4-star hotel of 70-80 rooms.
It’s on Dent St, near the town basin on the Hatea River.
The $2.15 million purchase is subject to due diligence & Overseas Investment Office approval (if required).
Managing director BK Chiu said on Monday the company would confirm final branding closer to completion of plans, but it was likely to carry one of its international 4-star brands which would best support the emerging demand for accommodation in Northland & Whangarei.
Attribution: Company release.