Leading leisure travel company Travel + Leisure Co. (NYSE:TNL) has expanded its presence in New Zealand after acquiring the management rights to, and apartments within, an Auckland CBD property currently operating as Barclay Suites Auckland.

The 115-apartment property occupies a prime location in the heart of Auckland’s CBD. Travel + Leisure Co. intends to refurbish the property as part of its repositioning and, upon completion, the apartments will join the Travel + Leisure Co. network of vacation club properties.

Located centrally in the CBD, the property is within walking distance of Sky Tower, the Auckland waterfront, Viaduct Harbour, and a diverse range of cafes, bars and restaurants. The property comprises fully self-contained one- and two-bedroom apartments with balconies, many offering views of the Auckland Harbour and city skyline. Full kitchens and in-suite laundry facilities make the property perfect for family travel and longer stays, a prevalent feature of vacation clubs developed by Travel + Leisure Co.

It will be the eighth property in New Zealand for the vacation club portfolio of Travel + Leisure, which also oversees more than 100 hotel, mixed-use and vacation club properties across Asia Pacific.

“Auckland remains one of New Zealand’s most visited markets and a strategically important tourism destination. Recent data shows guest nights increased by five per cent last year, while Auckland Airport welcomed 2.4 million international arrivals in the 12 months to March 2026,” said Barry Robinson, President and Managing Director, International Operations.

“Securing the management rights and an ownership position in a property of this quality, in New Zealand’s gateway city, is a strong strategic addition to our portfolio. Our investment in apartments within the property demonstrates our confidence in Auckland and in the continued growth of our business in New Zealand and beyond.”

Robinson said Travel + Leisure Co. has a proven record of enhancing property performance through its vacation ownership model. “Revitalising the property and introducing our expertise will provide us with a strong platform to deliver exceptional experiences for guests now and into the future,” he said.