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18 May 2024 18:18
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  •   Home > News > Business

    Nearly a dozen youth hostels are gaining the interest of international buyers

    Nearly a dozen youth hostels are gaining the interest of international buyers


    The buildings are being sold - after closing late last year because of Covid financial woes.

    Locations include Auckland, Rotorua, Tekapo, Mount Cook, Wanaka, Franz Josef and Te Anau.

    Colliers Investment Director Hamish Doig says there's already been international interest - as well as from Kiwi operators.

    He says overseas buyers see it as a great opportunity to enter our market.

    © 2024 Newstalk ZB, NZCity

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     Top Stories

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    The Blues have had to make three changes to their starting line-up for tonight's Super Rugby encounter against the Highlanders at Eden Park More...


    BUSINESS BUSINESS
    Hospitality owners in the capital are hoping for a successful night for the Wellington Phoenix More...



     Today's News

    Entertainment:
    Sharon Stone believes Kevin Spacey should be allowed to resume his acting career 18:11

    Rugby:
    The Blues have had to make three changes to their starting line-up for tonight's Super Rugby encounter against the Highlanders at Eden Park 18:07

    Entertainment:
    Travis Kelce has heaped praise on Taylor Swift for her "unbelievable" revamped 'Eras Tour' 17:41

    Motorsports:
    New Zealand rookie Ryan Wood has claimed a career-best...qualifying second on the grid for tonight's Supercars Perth Supersprint 17:37

    Rugby League:
    Hooker Wayde Egan will replace Tohu Harris as captain for tomorrow's Magic Round match-up against Penrith in Brisbane 17:37

    Soccer:
    Nothing about Melbourne Victory scares Wellington Phoenix coach Giancarlo Italiano heading into tonight's winner-take-all A-League semifinal 17:17

    Entertainment:
    Steve Carell "will not be showing up" for 'The Office's follow-up series 17:11

    Entertainment:
    'Vanderpump Rules' is "on hiatus" 16:41

    Living & Travel:
    Tributes are flowing for legendary All Blacks halfback Sid Going, who's passed away at the age of 80 16:27

    Entertainment:
    Travis Kelce was "blown away" to be cast in 'Grotesquerie' 16:11


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