Queenstown hotel

 

PHOTO: SUPPLIED An illustration of the planned new hotel, Holiday Inn Queenstown Remarkables Park, whose owners are Chinese investors QLong Investments, who tried and then withdraw an application to buy beef and sheep property Jericho Station in Southland.

Chinese investors who backed off buying a large South Island farm are planning a new 182-room hotel in Remarkables Park in Queenstown to be run by the world’s largest hotel operators IHG.

IHG announced it is set to open a Holiday Inn at Remarkables Park in Queenstown in two years, its second Holiday Inn in Queenstown, following it signing an agreement with QLong Investments, the hotel’s owners, to run the new hotel.

The announcement comes amid a burgeoning number of hotel rooms being planned and under construction in the tourist mecca.

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