Hospitality Business Magazine

$30M transformation: Coronet Ridge Resort to redefine alpine luxury in Queenstown

Capstone Hotel Management has announced the rebranding of Queenstown’s Nugget Point Hotel, which is currently undergoing a $30million full-scale redevelopment.

The boutique 40-room property will relaunch as Coronet Ridge Resort, a five-star luxury alpine retreat, and is bookable now for stays from early Q4, 2025. 

Clare Davies, Founder and Managing Director of Capstone Hotel Management, says: “We are proud to be working with owners New Bay Group and applaud them for this significant multi-million-dollar 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. 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,” concluded Clare. 

State Of The Art Facilities

Each redesigned guest room features a private balcony or patio while interiors will exude a sense of place, handsomely styled with soft, warm tones, timber joinery, natural textures, local landscape photography and coffee table books.

Guests will enjoy premium resort amenities including a Roman-style spa for ultimate relaxation, elevated food and beverage experiences with breathtaking views, state of the art conference rooms, fitness centre, squash courts, and a private cinema for an exclusive entertainment experience.  

Set in one of Queenstown’s most spectacular locations, Coronet Ridge Resort is perched above the Shotover River in Arthur’s Point,surrounded by breathtaking mountain landscapes. The resort is one of the closest accommodations to Coronet Peak Ski Area and under ten minutes’ drive to central Queenstown. 

The new Coronet Ridge Resort Queenstown will offer visiting international and domestic travellers a luxurious and idyllic alpine escape where they can pause, reflect and reconnect with themselves and nature.  

For more information, visit coronetridge.co.nz