Novotel & Ibis Rotorua - SOLD

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Sold for 43,000,000 NZD Date of Sale: July 2011
Rooms: 344
Price Per Room: 125,000 NZD
Property Id : 30368

Located in New Zealand’s Bay of Plenty region of the North Island, the Novotel & Ibis represents a prime opportunity to acquire the largest hotel complex in Rotorua. Novotel Rotorua Lakeside & Hotel Ibis, Rotorua are established integrated hotels offering a combined guest room count of 344 (that is, 199 and 145 respectively).

Rotorua is internationally renowned for its natural beauty, encompassing 14 lakes (and sited on the shores of Lake Rotorua) and surrounded by stunning forestry. It is New Zealand’s most culturally significant tourist destination with its Polynesian Pools, hot springs, geothermal activity and Maori cultural shows and displays.

The Novotel Rotorua Lakeside & Hotel Ibis enjoy the premier location in the CBD with stunning views across Lake Rotorua. The two hotels are being offered for sale as an “in one line” package given that a number of services are integrated between the two hotels, they are physically connected and are operated by the one management group (Accor Asia Pacific).

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