• Some of the world’s biggest hotel names are falling over themselves to get into New Zealand.

A few, such as Hyatt, have entered or returned to the market in the last few months and more including Ritz-Carlton are rumoured to be on the way.

But it may surprise many people that New Zealand companies are still the dominant owners of the hotels themselves.

READ MORE VIA THE DOMINION POST

sofitel-wellington

CAMERON BURNELL/FAIRFAX NZ.
Wellington’s Sofitel, seen here under construction in 2015, was converted from offices once occupied by ENZA. It opened in May.