Ennismore Expands in New Zealand With Four New Hotel Signings
Main Photo: The Spa at the SO/ Auckland, another Ennismore hotel already open in NZ
Date: August 2022
Names: Hyde, Jo&Joe and Tribe – to open 2023/24
Locations: Jo&Joe, two Tribe hotels in Auckland, North Island and Hyde, Queenstown, South Island, New Zealand
Number of Keys: TBA
Sellers: TBA
Buyer: CP Group, owned by the Pandey family
In partnership with the CP Group, the signings will bring Hyde, Jo&Joe and Tribe hotels to New Zealand. The new hotels will be located in the heart of New Zealand’s two cities, with one JO&JOE and two TRIBE hotels opening in Auckland, and a Hyde in Queenstown, all set to open between 2023-24.
They will also be home to the unique and authentic F&B offerings that make Ennismore hotels a destination for both locals and international travellers alike.
These new signings will join Ennismore’s expanding collective in the Pacific region, which already includes TRIBE Perth and SO/ Auckland, as well as SO/ Melbourne, Mondrian Gold Coast and 25hours Sydney set to open between 2023-25.
Gaurav Bhushan, Co-CEO Ennismore, said, “This is a major milestone in Ennismore’s journey to bring our globally recognised lifestyle brands to key cities in New Zealand. We want to be the leading lifestyle hotel player in the Pacific region and we see it as an opportunity to bring our fresh and exciting brands, which are rooted in culture & purpose, to visiting guests and neighborhood locals. We are excited to be introducing our lifestyle brands into New Zealand, and the combined expertise of Ennismore, Accor and CP Group will deliver unforgettable experiences.”
Through the partnership with CP Group, Ennismore aims to make a mindful and positive impact on the local community through investment and the creation of 170 new career opportunities.
CP Group are well versed in hotels in NZ, with this announcement in July 2020… “A new 13-property group of privately-owned hotels throughout New Zealand has been announced today by a business owned by Auckland’s Richlist Pandey family.
CPG Hotels, part of the C.P. Group founded by patriarch Charles Pandey, has launched Fable Hotels and Resorts for properties it owns but which are not leased to French-headquartered Accor.
The Pandey’s Viaduct Quays Hotel this month went into liquidation and Auckland’s five-star waterfront Sofitel Viaduct shut on July 1 due the pandemic’s effects on tourism.” The 13 hotels in the new Fable group are now known under many different names and stretch from Auckland to Dunedin. Prakash Pandey of CPG Hotels said the business owned the properties and would also manage them directly.
Price: Undisclosed
THPT Comment: This newish hotel group seems to be taking New Zealand by storm…well done on this four-hotel deal with Accor’s Ennismore
First Seen: 4 Hoteliers
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