Turn to our specialist team for trusted guidance for hotel property investing in New Zealand
We understand that hotels and resorts are specialised assets and cannot be marketed or valued in the same way as conventional real estate. Working with the Colliers’ hotels team will ensure you get the very best guidance and results.
Our Hotel experts work throughout the Asia and Pacific regions and form part of an international team of specialists within the global Colliers International group.
Our extensive offering and experience can assist you with the following specialisations:
- Transactional Services
- Research & Consultancy
- Operator Selection
- Asset Management
Find out more about our services in our capability statement.
Our Hotel Sales team has unrivalled transaction experience, having been involved in the majority of significant hotel transactions across NZ and The Pacific in the past five years.
Our long established relationships, extensive market knowledge and unparalleled experience in the divestment of major hotel assets is the key to our success. This, combined with our strong technical knowledge and market expertise, allows us to effectively connect buyers and sellers within the marketplace.
We leverage our significant local, regional and international networks to develop tailored and targeted marketing campaigns that initiate competitive bidding to maximise the sale price.
Our transactional services include:
- Sale negotation and transaction
- Asset positioning and repositioning
- Investment strategy, planning and analysis
- Marketing campaign strategy
- Portfolio sales and acquisitions
- Sale and leaseback strategy
- Site sourcing, acquisition and divestment.
Our hotel valuation team is the largest and most experienced in New Zealand, positioning us to undertake individual assignments through to large scale portfolio valuations.
We are committed to collaboration and best practice, ensuring our clients benefit from our knowledge, expertise and global network.
We provide valuation and market assessment services to a range of owners and financiers utilising an internationally recognised methodology. While diligently maintaining confidentiality and independence, our access to real time market information provides a significant competitive edge.
Our hotel valuation services include:
- Single asset and portfolio valuations
- Insurance purposes
- Rent reviews/lease analysis
- Highest and best use analysis
- Legal/expert witness.
Colliers International has extensive research and market analysis capability underpinned by specialist hotel sales knowledge and an extensive database of all the major accommodation markets.
We produce a number of dedicated hotel research publications each year, as well as a number of customised consultancy assignments including market feasibility studies, market analysis and knowledge-based articles.
We also work closely with Colliers Hotel Sales in Australia and Asia to ensure our clients benefit from not just from our local knowledge and expertise, but our global network.
Key clients include:
- Fiji National Provident Fund
- Rotorua Lakes District Council
- Bay of Plenty District Council
- Russell Property Group
- SkyCity Group
- Dynasty Hotel Group.
We have a market leading track record of successfully negotiating hotel management agreements, with numerous successful assignments throughout the Australasia region.
The diversity that our team possesses results in a deep understanding of what drives value for hotel owners/investors, ensuring we have a clear and measured view of key terms in order to maximise outcomes for you, the owner/developer.
We have the experience to assist hotel developers and land owners, with core competencies in the following areas:
- In-depth experience and knowledge of international and domestic hotel groups having overseen the performance of a broad range of these operators
- Expertise to broker, identify and negotiate key terms of the hotel management agreement, franchise agreements or lease agreement
- Expertise to advise and identify key strengths and weaknesses of each hotel operator
- Expertise to assess the financial projections submitted by these operators.
In collaboration with our team in Australia, our asset managers oversee hotel management to ensure both operating performance and capital value of the property are maximised, while protecting the physical condition of the asset.
Our experts go beyond reviewing the profit and loss statements of a hotel, we understand the broad range of areas that drive profit, maintain the asset and address compliance.
We offer a broad range of asset management services including:
- Business planning and budget setting
- Sales and marketing strategies
- Operational productivity enhancements
- Regular financial performance reviews
- Performance benchmarking
- Building condition and plant maintenance reviews
- Capital expenditure assessment and recommendations
- Competitor reviews and monitoring
- Key personnel assessments
- Overseeing the valuation process
- Monitoring the braoder hotel investment sector and its implications for the property.
National Director | Hotels
Dean is a highly respected hotel investment advisor specialising in the disposal, acquisition and valuation of hospitality and tourism assets. Dean provides advice to many institutional and tourism related entities including those noted in the client info tab.
Dean is also actively involved in a range of work in the wider South Pacific basin including; Fiji, Tonga & Samoa.
Dean joined Colliers International in May 2013 as National Director, Hotels for New Zealand and the South Pacific.
Prior to that Dean was Executive Vice President of Jones Lang LaSalle Hotels & Hospitality Group New Zealand & Queensland with over 25 years’ experience in the wider property industry.
He has also been actively involved in the wider property industry, holding a senior lecturing position at the University of Auckland between 1999 and 2011.
Director | Hotel Advisory & Valuation | Hotels Valuation & Advis
Chris specialises in the provision of valuation and consultancy advice for hospitality and tourism assets in New Zealand and South Pacific. Chris is a Registered Valuer with a strong background in real estate and finance.
Chris originally joined the Colliers International NZ Limited’s Valuation & Advisory Services Team in October 2003 becoming registered in 2007. Subsequent to registration Chris spent four years working for a property firm in the UK, before returning to Colliers in April 2011. In 2015 Chris moved to the ANZ as a manager of the Property Risk team before re-joining Colliers International in June 2017 as Director – Hotel Advisory and Valuation.
Chris’ experience gained while in the working and travelling over the past 14 years has provided him with a sound knowledge of the tourism real estate industry and banking procedures.
Jackie has just recently joined the Colliers International NZ's hotel team in 2018.
"The Colliers International Hotels team were successful in selling our partial interest in the Best Western President Hotel Auckland in what was a very complex transaction.
Dean Humphries was able to utilise his extensive experience and specialist expertise in demonstrating to potential purchasers how to unlock the full potential of this asset. Colliers strong connections in the hotel investment market ensured they were able to quickly target the optimal buyer for this hotel, which culminated in a highly successful outcome.
It is no coincidence that Dean has the necessary skills, drive and expertise to ensure a successful sale at an optimal price within a clearly defined time frame."
"Dean Humphries and his hotel team at Colliers International have made a significant contribution to the expansion of our New Zealand hotel portfolio over the past five years. This includes a wide range of advisory services such as market feasibility studies & valuations, operator selection services & buyside acquisition.
This has assisted RPG and our other partners in developing an extensive portfolio of four hotels across circa 830 rooms with an extensive range of global & regional hotel operators including Marriott (Four Points by Sheraton) , TFE (Adina), Events (QT) and Accor (Breakfree on Cashel). Dean’s extensive knowledge of all aspects of the hotel sector, is I believe, the best in the industry. He gives honest feedback and a balanced approach to ensure the needs of all involved parties, Owner and Operator are aligned.
The full range of specialist hotel services provided by Colliers has been instrumental in ensuring the successful delivery of all of our hotels to date and I would have no hesitation in recommending Dean & his team to others in the industry."
Colliers International Hotels vast experience was demonstrated during this process, running a seamless and professional operator search. We were delighted with the result, with the Intercontinental Hotels Group being appointed to manage the hotel under their flagship Intercontinental brand. The Colliers International Hotels team is of the highest quality and I have no hesitation in highly recommending them."