Waikato-Tainui to build Auck­land Air­port ho­tel

Matamata Chronicle - - Out & About -

‘‘The new com­plex will be be­hind the Novo­tel Tainui at the In­ter­na­tional Ter­mi­nal on Ray Emery Drive.’’

Waikato-Tainui will build a five-star ho­tel at Auck­land Air­port.

The ho­tel will be called Te Arik­inui, af­ter the Maori King’s mother.

The new com­plex will be be­hind the Novo­tel Tainui at the In­ter­na­tional Ter­mi­nal on Ray Emery Drive.

Waikato-Tainui spokesman Tuko­roirangi Mor­gan said work will be­gin in De­cem­ber when dis­cussing Tainui’s in­vest­ments at a re­cent Fed­er­a­tion of Maori Au­thor­i­ties con­fer­ence.

He also said the tribe was look­ing to di­vest it­self from a ma­jor­ity hold­ing in prop­erty - from over 50 per­cent of its in­vest­ment port­fo­lio to un­der 20 per­cent.

Auck­land Air­port was not a po­si­tion to com­ment, but a spokesman said the com­pany was ex­cited about a new ho­tel com­ing to the air­port.

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