SkyCity’s made a $16 million Queenstown property play in a bid to house high-rollers.
SkyCity has received approval to buy the largest undeveloped lakefront block
Plans to build a 100-room, five star hotel
SkyCity has two Queenstown CBD casinos
SkyCity of New Zealand has made a $16 million Queenstown property play to house high rollers for its casino.
The company received Overseas Investment Office approval to buy the resort’s largest undeveloped lakefront block.
It plans to build a 100 room, five star hotel but didn't comment on whether it will have its own casino.
Local SkyCity boss Jono Browne says an international-class hotel will fill a gap in the market for five-star accommodation - “It’s also an advantage that we’re able to accommodate our own customers – it’s something we can’t do at the moment.”
SkyCity has two Queenstown CBD casinos, one on Beach Street that has a high roller VIP room and a smaller casino called Wharf Casino.