Singapore-based Naumi Hotels is expanding its footprint in Australasia.
It is acquiring the business of The Dairy Private Hotel in Queenstown, New Zealand, which becomes its first property in South Island.
It took over two hotels in Wellington last year.
"We are extremely excited to be expanding our footprint in New Zealand especially Queenstown which outperformed other regions and registered highest growth in hotel occupancy, ADR and RevPar last year," said Gaurang Jhunjhnuwala, CEO of Naumi Hotels, Australia & New Zealand.
"Tourism outlook in Queenstown remains very positive with the government’s investment in tourism infrastructure and destination marketing."
The hotel will be refurbished in the coming months to reflect Naumi’s signature design and brand offerings, but will remain open throughout.
Including the Dairy Private Hotel, the group owns and manages six hotels in Singapore, New Zealand and Australia.
"Queenstown provides the perfect canvas for us to introduce Naumi’s creative flair to travellers," said Chris McIntosh, chief operating officer of Naumi Hotels, Australia & New Zealand.
