Marriott International is gearing up to introduce the JW Marriott brand to New Zealand. To be located at the classic Stamford Plaza Auckland, which sold for a ground-breaking NZ 170 million dollars, the property will be fully converted to a JW Marriott by mid-2024.
Co-owned by CP Group, Alvarium Investments and Archipelago Capital, the property will undergo a 20 million-dollar refurbishment. Upon reopening, JW Marriott will be complete with 286 rooms, an executive lounge and lobby bar, a 100-seat buffet restaurant, and a smaller dining venue. The extravagant new property will also feature an ample function space, four meeting rooms, an indoor heated swimming pool, a large fitness centre, a spa, and a sauna.
Richard Crawford, Marriott International Vice President of Hotel Development for Australia, New Zealand, and the Pacific, said that the growing JW Marriott name is another step towards the recovery of our travel industry.
“This latest signing is another example of Marriott’s dominant expansion in the region and a testament to our confidence in the recovery of travel, particularity the luxury market, which we believe is set to thrive in Australia, Zealand and the pacific region.”
Andrew William, Alvarium Investments Founder and global Co-Chair stated New Zealand’s great opportunity.
“We see New Zealand as a secure real estate market buoyed by a rebounding hospitality and tourism sector and well-positioned post the peak of the pandemic.”
The brand’s principle of mindfulness will be a key fundamental during the establishment of this exciting addition. Continuing to deliver its best commercial outcomes for the hotel industry, Marriott International is committed to prioritising New Zealand.
CP Group Managing Director, Prakash Pandey, emphasised his confidence in the brand’s development.
“Importantly to us, Marriott are the global leaders in luxury hotels, and I am confident that together we will deliver a new standard of hospitality excellence in the Auckland market.”