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The Business of Tourism

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Tuesday 05 March 2024
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For Sale

International Antarctic Centre up for sale as RealNZ divests 6th July 2023 /

International Antarctic Centre up for sale as RealNZ divests

The Queenstown-based operator is selling four businesses but also investing in an asset to serve its popular Walter Peak attraction.


NZ Riverjet comes to market after Berryman calls time 4th August 2022 /

NZ Riverjet comes to market after Berryman calls time

The owner operator is retiring after 20 years in tourism, just as the experience preps to come out of hibernation.


Waikato River Explorer charts new course as business goes up for sale 27th June 2022 /

Waikato River Explorer charts new course as business goes up for sale

It’s a bittersweet end for managing director Darren Mills’ decade operating the Hamilton experience.


Wine estate, accommodation on the market for $2.5m 19th May 2022 /

Wine estate, accommodation on the market for $2.5m

The 13.9-hectare property includes five self-contained suites in a configuration of studio, one-bedroom, and two-bedroom units.


Travelodge Wellington comes to market for $30m+ 6th May 2022 /

Travelodge Wellington comes to market for $30m+

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.


Pandemic highlights long stay strength for hotels – Colliers 28th April 2022 /

Pandemic highlights long stay strength for hotels – Colliers

The pandemic has highlighted the strength of hotels that can cater for the extended stay market, says Colliers.


Investors from NZ, abroad eyeing former YHA hostels 10th February 2022 / /

Investors from NZ, abroad eyeing former YHA hostels

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.


Prawn park touts geothermal potential in sale 28th October 2021 /

Prawn park touts geothermal potential in sale

Huka Prawn Park is pushing its existing geothermal resource consents as a possible reason to buy the attraction.


…but STAPP’s not enough for another, which is put up for sale 27th September 2021

…but STAPP’s not enough for another, which is put up for sale

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.


West Coast’s Treetop for sale with $5.8m of assets 15th June 2021 /

West Coast’s Treetop for sale with $5.8m of assets

The tourism business is the latest to come to market as longtime owners seek to exit.


Not just for sale, Nomad Safaris open to investment 27th May 2021 /

Not just for sale, Nomad Safaris open to investment

Owner David Gatward-Ferguson says he is open to bringing in new investment partners to drive expansion.


After a year like no other, operators are heading for the exit 24th May 2021

After a year like no other, operators are heading for the exit

Three significant regional tourism businesses are up for sale.


Historic Whanganui accommodation on the market 13th April 2021 /

Historic Whanganui accommodation on the market

Braeburn Apartments, a category 2 Heritage New Zealand listing, with existing tenants is up for sale.


Balmes bring Forgotten World Adventures to market 6th April 2021

Balmes bring Forgotten World Adventures to market

The attraction has had a bumper year making it the perfect time to sell, say owners Ian and Rachel Balme.


Campsite, spa comes to market after nearly 30 years 10th November 2020 /

Campsite, spa comes to market after nearly 30 years

Fernland Spa in Tauranga is on the market for sale for the first time nearly 30 years.


Another Covid casualty: tourism business sales 29th October 2020

Another Covid casualty: tourism business sales

Interest in tourism businesses remains high but Covid has clouded commitment.


BOP jet boat experience comes to market 23rd October 2020

BOP jet boat experience comes to market

Bay of Plenty operator New Zealand Riverjet is up for sale.


Taupō attraction comes to market 7th October 2020

Taupō attraction comes to market

Taupō Wake Park has been placed on the market for sale.


‘Highest hotel in New Zealand’ offered for sale 1st February 2018 /

‘Highest hotel in New Zealand’ offered for sale

One of New Zealand’s most iconic alpine resorts is being offered for sale through Colliers International.


Popular regional hotel comes to market 26th October 2017 /

Popular regional hotel comes to market

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.


The Honest Lawyer peninsula property for sale 11th October 2017 /

The Honest Lawyer peninsula property for sale

A landmark Nelson peninsula property, home to well-known pub The Honest Lawyer, is on the market for sale.


Mineral spring holiday park for sale 4th October 2017 /

Mineral spring holiday park 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.


Big Auckland CBD site has hotel development potential 21st August 2017 /

Big Auckland CBD site has hotel development potential

Hotel developers are being targeted in the sale of a substantial Auckland CBD corner site. 


Big-hitting cricket ground motel bounced out for sale 10th August 2017 /

Big-hitting cricket ground motel bounced out for sale

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.


Anchor tenant sought for marina 11th July 2017 /

Anchor tenant sought for marina

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.


Established ‘holiday highway’ motel for sale 4th July 2017 /

Established ‘holiday highway’ motel for sale

A busy motel on the main route between Blenheim and Christchurch has been placed on the market for sale.


Parklands Motor Lodge sale a rare opportunity for investors 21st June 2017 /

Parklands Motor Lodge sale a rare opportunity for investors

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.


Large-scale hotel and hospitality venue placed on market 20th June 2017 /

Large-scale hotel and hospitality venue placed on market

One of the largest multiple-revenue stream hospitality operations in the Lower North Island has been placed on the market for sale.


Northland winery & hospitality businesses up for sale 9th May 2017 /

Northland winery & hospitality businesses up for sale

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Waterfront backpackers for sale 20th April 2017 /

Waterfront backpackers for sale

The only waterfront backpackers accommodation hostel in the Coromandel tourist-magnet township of Whitianga has been placed on the market for sale.


Ecotourism gateway pub up for sale 12th April 2017 /

Ecotourism gateway pub up 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.


Castle anyone? Waikato attraction up for grabs 14th March 2017 /

Castle anyone? Waikato attraction up for grabs

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.


Iconic luxury lodge comes to market 15th February 2017 /

Iconic luxury lodge comes to market

One of the Hawkes Bay’s most distinctive luxury lodges is up for sale.