New York, NY – YTL Hotels 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. Christopher Luxon, Prime Minister of New Zealand, who was here 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 neighborhood’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. 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. Dato Mark Yeoh, Executive Director, YTL Hotels
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.
For more information on YTL Hotels, please visit https://www.ytlhotels.com.
About YTL Hotels
YTL Hotels owns and manages a prestigious collection of award-winning resorts, hotels, boutique experiences and Spa Villages with a hospitality footprint across Malaysia, Thailand, Indonesia, Japan, Australia, France, The Netherlands and the United Kingdom, including Pangkor Laut Resort, voted the world’s best resort in 2003 by Condé Nast Traveller UK. The Gainsborough Bath Spa, a part of the Small Luxury Hotels of the World’s collection of legendary hotels, was named in the 2017 Condé Nast Traveller Awards World’s Top 100 and listed amongst the Best Hotels in the UK as well as the Top Destination Spa Resorts in the World in the 2022 Condé Nast Traveller Readers’ Choice Awards.
The portfolio, which embraces the brand promise of Treasured Places, Treasured Moments, also encompasses the ownership management of Marriott International properties in Australia and Kuala Lumpur as well as properties under the brand’s distinctive Autograph Collection banner. Properties under the Marriott International partnership include The Ritz-Carlton, Koh Samui as well as Higashiyama Niseko Village, a Ritz-Carlton Reserve, named in TIME’s World’s Greatest Places 2021 list and also the first Ritz-Carlton Reserve in Japan, complementing YTL Hotels’ master plan for Niseko Village.
With each new experience that it presents, the company strives to embrace and highlight the natural essence of culture, character and tradition of its surroundings. YTL Hotels is the hospitality arm of YTL Corporation Berhad. Visit ytlhotels.com for more information and follow us on our social media platforms for #YTLTravels.
