Commercial

Accor to build new Ibis hotel in Rotorua

The Accor group is to build an $11 million Ibis Hotel in Rotorua.

Thursday, September 30th 2004

The hotel is expected to open on December 1 and provide at least 30 new jobs.

The 145-room hotel is being built alongside the Royal Lakeside Novotel. Together, the two hotels owned by the Accor group will have 344 rooms - making it the largest hotel complex in Rotorua.

Rooms at the Ibis will be at least $35 a night cheaper than those at the Novotel. The new hotel claims it will not hurt Rotorua's existing hotels, which

are already fiercely competitive, but will instead encourage more visitors to Rotorua, especially large groups.

Ibis sales manager Amanda Murdoch said there was demand for more accommodation. "We are always screaming out for more beds. There are weekends here where we have had to turn people away."

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Heartland Bank - Online	6.69
TSB Special	6.74
SBS FirstHome Combo	6.74
Wairarapa Building Society	6.95
Unity	6.99
Co-operative Bank - First Home Special	7.04
ICBC	7.05
China Construction Bank	7.09
BNZ - Classic	7.24
ASB Bank	7.24
ANZ Special	7.24

Unity First Home Buyer special	6.45
Heartland Bank - Online	6.45
TSB Special	6.49
Westpac Special	6.75
China Construction Bank	6.75
ASB Bank	6.75
ICBC	6.75
AIA - Go Home Loans	6.75
Kiwibank Special	6.79
Co-operative Bank - Owner Occ	6.79
ANZ Special	6.79

TSB Special	6.29
ASB Bank	6.39
Westpac Special	6.39
AIA - Go Home Loans	6.39
China Construction Bank	6.40
ICBC	6.49
SBS Bank Special	6.55
BNZ - Classic	6.55
Kiwibank Special	6.55
Co-operative Bank - Owner Occ	6.55
Kainga Ora	6.99

SBS FirstHome Combo	6.19
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ANZ Blueprint to Build	7.39
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ICBC	7.85
Heartland Bank - Online	7.99
Pepper Money Essential	8.29
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