Taupō has been included in Project Palace, a government initiative designed to attract foreign investment into New Zealand’s hotel sector.
Taupō joins the other capacity-constrained centres of Auckland, Rotorua, Wellington, Christchurch, Dunedin and Queenstown in the project.
Damian Coutts, general manager of Destination Great Lake Taupō, says the inclusion of Taupō in the study reinforces recent data that shows unprecedented growth in the hotel sector for the district.
Coutts says it would be greatly beneficial to the district if the market analysis resulted in new large-scale accommodation and activity investment for Taupō. He says Great Lake Taupō had worked together with Enterprise Great Lake Taupo to have the district included in the project and were very pleased with the result.
‘The prospect of significant new investments in our district will ensure future visitor growth is not constrained by capacity issues in terms of large-scale group and conference facilities,’ he says.