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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 program.
Upon completion in October 2017, the property will be rebranded as Metropolis Avani Residences, signalling the Avani brand’s debut in New Zealand.
Avani Hotels & Resorts Group Director Alejandro Bernabe 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 program.”
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 program. 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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