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The Taupō District is set to attract new hotel investment with the launch of its Hotel Investment Prospectus, a strategic initiative designed to showcase the region’s development potential, highlight hotel demand in the region and drive economic growth.
The prospectus provides insights into Taupō’s thriving tourism industry, highlighting investment opportunities for hotel developers and investors and a strong demand for high-quality accommodation.
The Taupō district is looking to attract an additional 300-plus hotel rooms to the market over the next decade. This would ideally be two 130-150-plus room hotels with a 4-plus star rating to service the region’s growing overnight visitor economy.
Mayor David Trewavas emphasises the importance of this initiative.
“Taupō is a world-class tourism destination, and we are committed to ensuring our accommodation offering meets growing demand. This prospectus provides investors with the opportunity to consider our remarkable region for their next hotel development project.”
A steady entry of new hotel rooms over the next decade is required to meet the growth of both international and domestic visitors to the region. The delivery of additional quality hotels is an integral part of meeting the expectations of modern travellers.
“This prospectus highlights the real opportunities for new quality accommodation to meet growing demand,” says Amplify Taupō CEO Rick Keehan.
“We’re ready to partner with investors who share our vision for the region’s future.”
In recent years, the Taupō District has consistently ranked as one of New Zealand’s top tourism destinations, thanks to its unique geothermal landscapes, lakefront attractions, and growing adventure and events sectors. The region’s commercial accommodation consistently positions Taupō as a top performing destination during peak visitor periods.
As the region grows in popularity, there is an undeniable market opportunity for the right investor.
“Visitor demand in Taupō continues to grow, and high-quality hotel accommodation is key to unlocking the district’s potential,” adds Patrick Dault, General Manager of Destination Great Lake Taupō.
“This prospectus is a call to investors who see the opportunity in being part of Taupō’s next chapter.”
