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5 Apr 2025 18:24
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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.

    © 2025 Newstalk ZB, NZCity

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     Today's News

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    Living & Travel:
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    Business:
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    Health & Safety:
    Regulations are needed if Kiwis want better access to publicly prescribed medicinal cannabis 14:56

    Law and Order:
    There's an increased Police presence after a man has died in Auckland's Manurewa overnight 14:36


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