YTL Hotels expands its global footprint with landmark acquisition in New Zealand
The acquisition represents the second-largest hotel transaction on record in New Zealand this year
YTL Hotels has announced its first hotel investment in New Zealand with the acquisition of the 225-room Hotel Indigo, Auckland, marking another significant milestone in the Group’s international growth.
In September 2025, the New Zealand Overseas Investment Office granted consent for YTL’s acquisition of the property in a NZD $160 million deal. The agreement includes a 25-year hotel management contract with IHG Hotels & Resorts, solidifying YTL Hotels’ long-term commitment to the region’s tourism and hospitality sector.
This acquisition represents the second-largest hotel transaction on record in New Zealand this year, underscoring the Group’s confidence in the country’s resilient visitor economy and thriving urban destinations.
“I’d like to congratulate YTL on its investment decision which is a clear vote of confidence in our visitor economy and our cities. YTL is an integrated infrastructure developer with a significant footprint in Asia and an important relationship for New Zealand. We see many opportunities for YTL’s expertise, and I look forward to them investing further in New Zealand,”
said Christopher Luxon, Prime Minister of New Zealand, who was in Kuala Lumpur recently for the 47th ASEAN Summit.
Located in the heart of Auckland, Hotel Indigo features 225 thoughtfully designed guest rooms and vibrant social spaces that capture the city’s creative energy and local character. Operated under IHG’s Hotel Indigo brand, it reflects the brand’s distinctive design philosophy of drawing inspiration from each neighbourhood’s unique story.
“We are delighted to mark YTL Hotels’ first investment in New Zealand with the acquisition of Hotel Indigo Auckland. At YTL Hotels, we have always sought to create Treasured Places, Treasured Moments – destinations that connect people and celebrate their surroundings,” said Dato Mark Yeoh, Executive Director, YTL Hotels.
“We see that same spirit here in New Zealand. This milestone reflects our confidence in the country’s visitor economy and our commitment to building lasting partnerships that bring meaningful value to the communities we invest in.”
The addition of Hotel Indigo Auckland strengthens YTL Hotels’ growing portfolio across Asia and the Pacific. Recent highlights include the opening of AC Hotel by Marriott Ipoh (Jan 2025), Moxy Kuala Lumpur Chinatown (Apr 2025), Moxy Niseko Village (opening Winter 2026), and The Rawai Phuket (opening 2027), as well as the acquisition of Thistle Hotel, Johor Bahru.
Through this latest investment, YTL Hotels continues to reinforce its reputation for long-term, high-quality developments that celebrate local identity while delivering world-class hospitality experiences.
