Metropolis AVANI Residences set to enter New Zealand in 2017
Chirajit Nath - on June 13, 2017
AVANI Hotels & Resorts, a part of Minor Hotels; currently with a portfolio of 18 hotels and resorts in 12 countries across Asia Pacific, the Middle East, Africa and Europe, has announced the acquisition of the Metro Suites business in Auckland, New Zealand.
Located in Auckland on New Zealand’s North Island, the 370-key property was built in 1999 at a reported NZD 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.
Commenting over the development, 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.”
In a deal worth over NZD 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, signalling the AVANI brand’s debut in New Zealand.
Each of the property’s one and two bedroom apartments will be transformed as part of the revitalisation programme. Rooms will feature spacious living and dining areas, well-equipped kitchens and laundry facilities, and will offer stunning 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.
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