BREAKING NEWS: TFE Hotels has partnered with leading New Zealand accommodation provider, Heritage Hotels, in a multi-property management agreement that will see five hotels refurbished in the next few years and the establishment of a country office in Auckland.
Under the newly inked agreement, Heritage Hotels retains ownership of its portfolio in New Zealand. TFE Hotels will manage more than 500 rooms across five properties, including the renamed Adina CityLife Auckland, and Rendezvous Heritage Auckland.
In Wellington, the Adina CityLife Wellington will give TFE an apartment-style accommodation offering in the capital while in the south, the Rendezvous Heritage Hotel will re-establish a brand presence in Christchurch. The 175-room Rendezvous Heritage Queenstown rounds out the offering, delivering a strong MICE and leisure offering in New Zealand’s adventure capital.
Heritage Hotels’ Managing Director, Jeffrey Tang, said the partnership added value to New Zealand’s economy and hotel sector, with plans already underway to upgrade all five hotels in a rolling refurbishment plan over the next few years.
Globally Connected Hotels
“TFE Hotels is an owner, manager and developer and we see their impressive presence in multiple markets – which includes more than 50 properties in Australia, a strong pipeline of properties and ties to Singapore and Europe – as complementary to our vision for the future.
“In partnering, we’re bringing together two values-aligned, businesses and brands to work together in elevating guest experiences, strengthening our position in the competitive hospitality landscape, leveraging capability, and providing guests with a fresh, globally connected hotel experience.”
Tang said Heritage Hotels would also benefit from TFE Hotels’ global distribution systems and centralised service model.
TFE Hotels’ Group Chief Operating Officer, Chris Sedgwick, said the partnership allowed TFE to establish a stronger presence in New Zealand and build a stronger platform for future growth.”
“Auckland and Wellington are key target markets for us, with our Adina and Travelodge brands already well established. Plus, the reintroduction of the much-loved Rendezvous brand into New Zealand – through the Rendezvous Heritage Auckland, Rendezvous Heritage Christchurch and Rendezvous Heritage Queenstown – provides Asia Pacific scale to the portfolio and will see TFE venture into Otago for the first time.”
Given the expanded presence, TFE Hotels will also establish a New Zealand Country Office in Auckland.
Tourist Arrivals Increase
The partnership will support and offer expanded choice to international visitors to New Zealand, in line with tourism’s upward trends post-pandemic.
Overseas visitor arrivals were 3.22 million in the July 2024 year, an increase of 604,000 from the July 2023 year. Visitors from Australia for this period were up 73,000 to 1.31 million.
TFE Hotels’ Chief Executive Officer, Antony Ritch, said the partnership paid homage to the amazing work that Heritage Hotels has done in developing these assets and creating a strong New Zealand business.
“We look forward to working closely with Heritage Hotels and the local team to build on their stellar reputation with the continuation of a refurbishment programme across the portfolio,” Ritch said.
The partnership comes as TFE Hotels prepares for a busy year ahead with the opening of The EVE Hotel, a 102-room boutique property, in Sydney this summer and the $150 million Hannah St. Hotel in Melbourne in the back half of 2025.
Design-led portfolio
“The next 12 months are shaping up to be an important time for TFE as we continue to invest in technology and in growing our quality, design-led hotel portfolio in strategic locations. ” As our New Zealand hotels continue to forecast robust revenue growth for the year ahead.”
Beyond these five properties, Heritage Hotels and TFE Hotels will be seeking further opportunities to expand and develop together. There is also significant opportunity for professional development and growth for their valued and committed staff.
*TFE Hotels (TOGA Far East Hotels), is Australia’s International Hotel Group – headquartered in Sydney and operating in Australia, New Zealand, Germany, Denmark, Hungary, Austria, Singapore, and Switzerland. TFE has a portfolio of seven hotel brands – A by Adina, Adina Hotels, Vibe Hotels, Quincy Hotels, Travelodge Hotels, Rendezvous Hotels and Collection by TFE Hotels, with more in the development pipeline, including:-.
• The EVE Hotel, Sydney opening (2024)
• Adina Apartment Hotel Perth refurbishment (2024)
• Adina Apartment Sydney Hotel Darling Harbour refurbishment (2024)
• Adina Apartment Hotel Sydney Town Hall multi-million-dollar refurbishment (2025)
• A by Adina Vienna Danube opening (2025)
• Hannah St. Hotel, Melbourne opening (2025)
• Commencement of Heritage Hotels Rolling Refurbishment program, New Zealand (2025)
• Adina Apartment Hotel Chermside opening (2025)
• Adina Apartment Hotel Adelaide Treasury refurbishment (2025)
• Adina Apartment Hotel Melbourne refurbishment (2025)
• Vibe Hotel Westmead, Sydney opening (2026)
• Dual Hotel (A by Adina / Collection) development, Melbourne Docklands (TBA).
