(TDN): A joint venture was signed between hotel group Accor, Tainui Group Holdings and Auckland International Airport (AIAL), to develop and operate a world-class (4-star plus) 260 room Novotel hotel at Auckland Airport, to be completed in time for Rugby World Cup 2011.
Tainui will act as lead developer and investor with a majority interest in the joint venture and AIAL will hold a minority interest. The hotel will be developed on a long term ground (more…)