The company 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.
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.
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 visited Kuala Lumpur recently for the 47thASEAN Summit.
In September 2025, the New Zealand Overseas Investment Office granted consent for YTL’s acquisition of the property in a NZD $160M 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.
“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. 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,” said Dato Mark Yeoh, Executive Director, YTL Hotels.
