• Auckland witnesses largest hotel sale in 12 years

    3 days ago - By Travel and Tourworld

    The Waldorf Stadium Apartment Hotel in Auckland, New Zealand's Central Business District, has been sold to the Australia-based Mulpha Group for more than $54 million.
    The 178-unit strata-title development was sold subject to a new 11-year performance lease underpinned by Japanese serviced apartment conglomerate Daiwa House Group, which has a market capitalization of US$19.15 billion as of December 2017.
    Colliers International and CBRE announced the sale following an international campaign that saw multiple investors looking to take advantage of New Zealand's current tourism boom and strong...
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  • First In The World New Zealand Celebrated 125 Years Of Women's Suffrage

    First In The World New Zealand Celebrated 125 Years Of Women's Suffrage

    4 days ago - By Travel and Tourworld

    Wednesday 19 September marked 125 years since the Electoral Act 1893 was passed, giving all women in New Zealand over the age of 21 the right to vote in parliamentary elections. The landmark legislation made New Zealand the first self-governing country in the world to allow women to vote, well ahead of most other democracies including Britain and the United States which did not follow suit until more than 20 years later.
    Nearly 32,000 women signed the petition that lead to the historic legislation and the original document is on public display at the National Library in Wellington. Another...
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