AVANI buys Aukland, New Zealand's Metro Suites for $7.6 million

The Aukland Metro Suites will reopen as the Metropolis AVANI Residences with renovations at the end of this year.

AVANI Hotels & Resorts is expanding to New Zealand via its acquisition of the Metro Suites in Aukland for around $7.5 million. The 40-story hotel will be rebranded and renovated as Metropolis AVANI Residences opening in October 2017.

The 370-room hotel on New Zealand’s North Island will be near the waterfront. It will also be close to Aukland’s popular cafes, restaurants and entertainment venues, including Vector Arena and Sky Tower.

The rooms will be renovated immediately. Additions will include leisure facilities, such as a 72-foot pool, indoor and outdoor spas, a sauna, a gym and a steam room.

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The new Metropolis AVANI will increase the company’s portfolio of 18 hotels and resorts in 12 countries across Asia Pacific, the Middle East, Europe and Africa. The opening is part of AVANI Group’s plans to continue expansion through Asia Pacific.

Alejandro Bernabe, AVANI Group director said in a statement, “Metro Suites presented itself as a compelling acquisition to expand out foothold within the Asia Pacific region, and we look forward to introducing the AVANI brand into this market later in the year.”

Other AVANI hotels currently operating in this region are located in Thailand, Sri Lanka, Vietnam, Malaysia, the Seychelles Mozambique, Botswana, Lesotho, Namibia, Zambia and the UAE.

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.

In February, Minor also announced it was bringing the AVANI brand to South Korea.

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