KUALA LUMPUR (May 7): In a landmark move for New Zealand’s tourism and investment landscape, NZ Hotel Holdings (NZHH) is putting its nationwide hotel portfolio up for sale for the first time.

The portfolio comprises several top-tier hotels, including Four Points by Sheraton, QT Auckland, Adina Apartment Hotel Britomart, Rydges Rotorua, Rydges Wellington, Sofitel Queenstown Hotel and Spa, and BreakFree on Cashel in Christchurch. Together, they span the country’s most sought-after tourism destinations and cater to a wide range of market segments — from luxury travellers to business and leisure guests.

NZHH chief executive Marcus Reinders said the time was right for a transition. “With tourism now back on a growth curve, strong market fundamentals with increased international interest, the opportunity is here to pass on the portfolio to an investor seeking scale, geographic diversity and holistic coverage of New Zealand’s key tourism markets.”

NZHH was established in 2019 as a partnership between NZ Super Fund, Russell Property Group and Lockwood Property Group, with the goal of developing world-class hotels to support both domestic and international tourism. The sale aligns with the partnership’s strategy to reallocate capital from developed assets into future growth projects.

CBRE Hotels Pacific is managing the sale through an International Expressions of Interest Campaign, with managing director Michael Simpson highlighting the scope and appeal of the offering. “This is the largest and most comprehensive portfolio of investment-grade hotels ever brought to market in New Zealand. The portfolio offers expansive coverage of all of New Zealand’s major markets, with appeal across all travel segments.”

The campaign closes on Thursday, 26 June 2025, at 4pm NZST.