New Rydges Hotel Coming to Rotorua

EVENT Hospitality and Entertainment have been named as the new operator for NZ Hotel Holding's most recent property in Rotorua.

The property will be refurbished and renamed as Rydges Rotorua, while the existing Rydges property on Fenton street will be rebranded as a stand-alone hotel under the Independent Collection by Event brand.

EVENT Hotels and Resorts general manager for New Zealand operations, Simon White, says the team is excited to take on this new property. “We are looking forward to bringing a fantastic new Rydges offering to Rotorua that can be enjoyed by locals, travelling Kiwis and international visitors alike. Rotorua is such a special place and we are excited to once again partner with NZ Hotel Holdings to bring quality accommodation, food and beverage, and conferencing options to the area.”

The property, which was previously Holiday Inn Rotorua, will become a Rydges Hotel from July. Owned by NZ Hotel Holdings and managed by Russell Property Group, EVENT secured the RFP to operate the hotel.

Russell Group managing director Brett Russell said the RFP process was very competitive and they were confident appointing Rydges to operate the hotel would be a positive step forward. “Our partners at EVENT are experienced hotel operators with a proven track record as our operating partners at QT Auckland and Rydges Wellington, and we are confident that the transition can occur without disruption to operations, and without interruption to an attractive offering for visitors to Rotorua and users of the hotel.”

The new Rydges hotel will welcome guests from July.

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ABOUT EVENT HOSPITALITY AND ENTERTAINMENT

Event Hospitality & Entertainment Limited (EVENT) is a leading entertainment, hospitality and leisure company.  Founded in 1910 and headquartered in Sydney, EVENT is at the forefront of the experience economy and delivers millions of experiences annually. 

EVENT owns the largest cinema circuits in Australia, New Zealand and Germany under the brands Event Cinemas, Birch Carroll and Coyle, Cinestar, Greater Union and Moonlight Cinema.  EVENT also own and operate more than 60 hotels including Rydges Hotels and Resorts, QT Hotels and Resorts, Atura Hotels and JUCY Snooze.  In the leisure space, EVENT operate Australia's number one ski resort, Thredbo Alpine Resort and one of Australia's oldest theatres, the State Theatre.  The Company also owns a substantial property portfolio.

EVENT is committed to protecting and giving back to the communities in which it operates through a focus on sustainability, fundraising and diversity.  

EVENT listed on the Australian Securities Exchange (ASX) and trades under the ASX code of EVT.