The average price paid at 20 top New Zealand destinations was $185 a night.
Hotel occupancies in Auckland averaged 87 per cent for the year ending June, 2017.
Construction of the hotel at 39-43 Gillies Avenue, which will be operated under a franchise agreement with Gillies Trading Trust and managed by Accommodation Works Ltd, is expected to begin late this year. It is due to open in 2020.
Wyndham and Safari Group have worked together on six other hotel projects in the country, including five Ramada locations.
Other Ramada hotels in Auckland are the 42-room Ramada Suites Auckland, Federal Street; the 66-room Ramada Suites Albany, Auckland North Shore; the 47-room Ramada Suites Victoria Street West, Auckland, which is currently under construction and scheduled to open early in 2019; and the 85-room Ramada Suites Manukau Pacific Centre, also under construction and slated for completion in mid-2019.
Globally, Ramada has nearly 850 hotels in 64 countries, including 63 hotels across the South East Asia and Pacific Rim region.