The day started out with a Breakfast Masterclass Investment Outlook led by Colliers National Director - Hotels Dean Humphries who revealed opportunities in the New Zealand market and discussed significant deals, including an announcement that YHA’s portfolio of 10 hostels have been sold to an offshore investor. While Humphries couldn’t reveal the details of the buyer, he stated that it was a “well known tourism fund” and that this is their first investment into New Zealand. Humphries was joined by Auckland Airport General Manger Property and Commercial, Mark Thomson, who detailed the experiences of the airline industry recovery.

You can now read the full press release at the link below