TFE Hotels Partners New Zealand’s Heritage Hotels in a Multi-Property Management Agreement

ADINA CITYLIFE AND RENDEZVOUS HERITAGE | September 26, 2024

AUCKLAND: In breaking news, TFE Hotels has partnered with New Zealand’s leading accommodation provider, Heritage Hotels, in a multi-property management agreement that will see five hotels refurbished in the next few years and send a positive signal to the local accommodation sector amid a resurgent international tourism market. 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 Adina Citylife Auckland and Rendezvous Heritage Auckland. In Wellington, the Adina CityLife Wellington will give TFE an apartment-style...