CP Hotels brings Ennismore hotels to Auckland, Queenstown

Gaurav Bhushan says the lifestyle segment is bouncing back from the pandemic more quickly than traditional hotels (Image: CP Hotels)

Brent Melville

Thu, 11 Aug 2022

The Pandey family’s CP Group (CPG) has underscored its dominant position in New Zealand’s hotel landscape, with the scheduled opening of four new Ennismore hotels from next year in Auckland and Queenstown.The company, run by Prakash Pandey, son of Pandey Corp founder Charles Pandey, will take its local hotel count to 20 hotels, of which 14 are run under its own brands. It also owns 10 hotels in the US and several hotels in Fiji, managed by Accor.Its non-Accor brands, under Fable Hotels and Resorts, include the boutique Hotel Fitzroy...

Subscribe to BusinessDesk

Stay informed on business, government and financial developments across New Zealand.

Stay informed on business, government and financial developments across New Zealand.
Deeply researched, twice-edited and fact-checked news
Annual subscribers also receive a complimentary subscription to The Wall Street Journal
Personalised email news alerts, plus gift up to 5 stories a month to non-subscribers

You can cancel anytime with two clicks, an email or a phone call.
Find out more.

We are serious about journalism.

Name {{ registerForm.errors.get('name') }}

Email address {{ registerForm.errors.get('email') }}

Phone Number {{ registerForm.errors.get('phone') }}

Job Title {{ registerForm.errors.get('title') }}

Password Minimum password length of 8 characters.
Require at least one upper and lowercase, numeric, and special character. {{ registerForm.errors.get('password') }}

Repeat password {{ registerForm.errors.get('password_confirmation') }}

We had trouble validating your card. It's possible your card provider is preventing us from charging the card. Please contact your card provider or customer support.

Credit Card

Cardholder's name

{{ __(plans[index].name) | capitalize }} {{ plans[index].attributes.old_price | currency }} {{ plans[index].price | currency }}

All subscriptions auto renew but are easy to cancel.

I Accept The Terms Of Service

{{ registerForm.errors.get('terms') }}

Tax: {{ taxAmount(selectedPlan) | currency }}

Total Price Including Tax: {{ priceWithTax(selectedPlan) | currency }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerSeat ? '/ '+ spark.seatName : '' }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerTeam ? '/ '+ __('teams.team') : '' }} / {{ __(selectedPlan.interval) | capitalize }}

Markets Market Close

NZ sharemarket up 0.4% amid US market surge

The S&P/NZX 50 Index closed at 12,184.51, up 56.3 points or 0.46%.

Graham Skellern 6:10pm

Markets

Analysts lift rating on Spark but call for lower dividend

Forsyth Barr now rates Spark at outperform.

Rebecca Howard 3:20pm

Analysts lift rating on Spark but call for lower dividend

Markets

Pattrick Smellie: Jim Grenon’s ‘extremist’ problem

Jim Grenon's letter to NZME shows commercial, if not news, acumen.

Pattrick Smellie 2:00pm

Sponsored

“Extraordinary” uptake for Auckland’s new growth hub

63% of lots at Spedding Road precinct sold ahead of completion.

Spedding Road

Sponsored

Research shows AI-based attacks causing concern and senior leaders overestimating cybersecurity readiness

Research highlights from Datacom’s State of Cybersecurity Index show AI-based attacks are top of mind and senior leaders might be overestimating their organisations’ readiness to recover from cyber incidents.

Datacom