The Queenstown-based operator is selling four businesses but also investing in an asset to serve its popular Walter Peak attraction.
The owner operator is retiring after 20 years in tourism, just as the experience preps to come out of hibernation.
It’s a bittersweet end for managing director Darren Mills’ decade operating the Hamilton experience.
The 13.9-hectare property includes five self-contained suites in a configuration of studio, one-bedroom, and two-bedroom units.
The Travelodge Hotel in Wellington is up for sale, following its listing with Colliers by the hotel’s international owners, who are reportedly seeking at least $30m.
The pandemic has highlighted the strength of hotels that can cater for the extended stay market, says Colliers.
There has been good interest among both domestic and international parties for the group of YHA-managed hostels that closed doors in December, says the agent charged with selling the properties.
Huka Prawn Park is pushing its existing geothermal resource consents as a possible reason to buy the attraction.
An iconic Taupō tourist attraction selected less than a year ago by the government as a strategic asset worthy of a $500,000 grant is now on the market.
The tourism business is the latest to come to market as longtime owners seek to exit.
Owner David Gatward-Ferguson says he is open to bringing in new investment partners to drive expansion.
Three significant regional tourism businesses are up for sale.
Braeburn Apartments, a category 2 Heritage New Zealand listing, with existing tenants is up for sale.
The attraction has had a bumper year making it the perfect time to sell, say owners Ian and Rachel Balme.
Fernland Spa in Tauranga is on the market for sale for the first time nearly 30 years.
Interest in tourism businesses remains high but Covid has clouded commitment.
Bay of Plenty operator New Zealand Riverjet is up for sale.
Taupō Wake Park has been placed on the market for sale.
One of New Zealand’s most iconic alpine resorts is being offered for sale through Colliers International.
Colliers International has been exclusively appointed to sell the 72-room, 4.5 star Hotel Coachman, arguably Palmerston North’s most popular hotel and event facility.
A landmark Nelson peninsula property, home to well-known pub The Honest Lawyer, is on the market for sale.
One of the few New Zealand holiday parks and camping grounds to contain its own thermal bore-spring pool facility has been placed on the market for sale.
Hotel developers are being targeted in the sale of a substantial Auckland CBD corner site.
A motel complex with ‘grandstand’ views over New Zealand’s oldest and most revered test cricketing venues has been placed on the market for sale.
A new hospitality venue at the Bay of Islands end of New Zealand’s latest cycling trail – and overlooking one of the country’s newest marina developments – has been placed on the market for lease.
A busy motel on the main route between Blenheim and Christchurch has been placed on the market for sale.
The sale of Parklands Motor Lodge offers owner-operators and passive investors alike the rare opportunity to acquire a freehold motel with vacant possession in the highly desirable area of Turangi.
One of the largest multiple-revenue stream hospitality operations in the Lower North Island has been placed on the market for sale.
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The only waterfront backpackers accommodation hostel in the Coromandel tourist-magnet township of Whitianga has been placed on the market for sale.
A country pub strategically located at the gateway to one of New Zealand’s most remote ecotourist attractions has been placed on the market for sale.
One of Waikato’s best-known tourist attractions is up for sale, and it could come with one of Australasia’s largest doll and toy collections.
One of the Hawkes Bay’s most distinctive luxury lodges is up for sale.