Capstone Hotel Management has unveiled plans for a $30 million redevelopment of Nugget Point Hotel in Queenstown, transforming it into the Coronet Ridge Resort. This boutique property will offer a luxurious alpine experience with 40 rooms overlooking the stunning Shotover River and surrounding mountains. Positioned near Coronet Peak Ski Area and just a short drive from central Queenstown, the resort aims to cater to both leisure and business travelers.
Clare Davies, the Founder and Managing Director of Capstone Hotel Management, expressed pride in partnering with New Bay Group for this substantial investment in Nugget Point’s transformation. The redevelopment signifies a strong commitment to the tourism sector and the growth of New Zealand’s hospitality offerings. The reimagined Coronet Ridge Resort is expected to elevate Queenstown’s status as a premier destination, attracting visitors seeking relaxation and adventure.
The redesigned guest rooms at the resort will feature private balconies or patios, showcasing a blend of alpine charm and modern amenities. The interiors will be thoughtfully designed with warm tones, timber accents, and local artwork, creating a cozy and inviting atmosphere. Guests can look forward to indulging in a range of premium facilities, including a Roman-style spa, exquisite dining options with panoramic views, conference spaces, fitness amenities, and a private cinema for entertainment.
Bookings for the Coronet Ridge Resort are now open for the fourth quarter of 2025, offering guests the opportunity to experience the new standard of luxury in Queenstown. The resort aims to provide a sanctuary where guests can unwind, explore the natural beauty of the region, and immerse themselves in a world of comfort and sophistication.
Queenstown, known for its picturesque landscapes and thrilling outdoor activities, has long been a sought-after destination for travelers seeking adventure and relaxation. The town’s popularity has steadily grown, attracting visitors from around the world who are drawn to its unique blend of natural beauty and vibrant culture.
With the tourism industry constantly evolving and travelers seeking more personalized and immersive experiences, the redevelopment of Nugget Point Hotel into Coronet Ridge Resort comes at a strategic time. By offering a blend of luxury, convenience, and natural beauty, the resort is poised to set a new standard for hospitality in Queenstown and contribute to the town’s reputation as a top-tier destination.
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