Queenstown’s Nugget Point Hotel is set to relaunch as Coronet Ridge Resort, a five-star luxury alpine retreat, following a NZ$30 million full-scale redevelopment.
The 40-room property, managed by Capstone Hotel Management, is accepting stays from early Q4, 2025.
Capstone Founder and Managing Director, Clare Davies, applauded owners New Bay Group on the investment in Nugget Point’s redevelopment.
“This level of investment demonstrates New Bay Group’s strong commitment to the tourism sector and ensures that New Zealand’s hotel inventory continues to grow,” said Davies.
“We are confident that the reimagined Coronet Ridge Resort will help to attract international leisure and business travellers and further enhance Queenstown’s appeal as a top-tier destination.
“We are excited to announce a new era of hospitality at Coronet Ridge Resort, where alpine luxury meets nature’s embrace. The complete rebranding and transformation across all rooms, suites, dining venues and public areas will modernise Coronet Ridge to the highest standards of guest comfort and sophistication.
“We can’t wait to relaunch the resort as Queenstown’s newest sanctuary for relaxation, adventure, and rejuvenation.”
Perched above the Shotover River in Arthur’s Point, the resort is one of the closest accommodations to Coronet Peak Ski Area.
Each redesigned guest room features a private balcony or patio and guests have access to a Roman-style spa, food and beverage experiences, state of the art conference rooms, fitness centre, squash courts, and a private cinema.