AVANI Hotels & Resorts has successfully acquired Metro Suites in Auckland, New Zealand.
The 40-storey luxury tower will undergo a massive refurbishment before it is rebranded as a Metropolis AVANI Residences by October this year.
Commenting on the latest announcement, AVANI Group Director Alejandro Bernabe said they were “delighted to have reached an agreement with the Metropolis body corporate and secure the property for the New Zealand launch of the AVANI brand”.
“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 in the year.”
Located on New Zealand’s North Island, the 370-key property was built in 1999 at a reported NZD 180 million dollars and occupies a prime CBD position in the ‘City of Sails’ – New Zealand’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, which is due to commence imminently, and will adopt AVANI’s signature brand hallmarks.
Rooms will feature spacious living and dining areas, well-equipped kitchens and laundry facilities, and will be accompanied by stunning views over the city skyline, harbour and beyond. Leisure facilities include a 22-metre heated swimming pool, indoor and outdoor spas, sauna, gymnasium with male and female facilities, and steam room.
AVANI Hotels & Resorts is part of Minor Hotels which already has a strong presence in New Zealand through the Oaks Hotels & Resorts brand where it currently operates two resorts in Queenstown.
Resort Brokers Australia Managing Director, Ian Crooks and New Zealand partners Wayne Keene and Gordon McGregor brokered the deal.