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29 Jun 2025 0:52
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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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    Auckland City FC are hopeful those who did the hard yards on the pitch will reap some financial reward after their FIFA Club World Cup heroics More...



     Today's News

    Business:
    Auckland City FC are hopeful those who did the hard yards on the pitch will reap some financial reward after their FIFA Club World Cup heroics 21:56

    Law and Order:
    A family hold fears for their teenage girl who went missing in Auckland three days ago 21:16

    Environment:
    The Emergency Management Minister is expected to visit flood-affected South Island regions tomorrow 19:16

    Environment:
    Nelson Mayor Nick Smith says the death of a person from floodwaters is a tragedy 18:56

    Rugby:
    Named on Tuesday, off to Japan on Wednesday and with just two trainings under their belt 18:06

    Law and Order:
    Auckland police are seeking the public's help in finding a 17-year-old girl 18:06

    Business:
    An expert's emphasising the importance of vaccines while influenza rates are high 17:26

    Environment:
    One person has died while clearing floodwaters in Tasman 16:57

    Rugby:
    Poor sideline behaviour is present across other sporting codes than just rugby 16:17

    Rugby League:
    The Warriors will be extra wary, ahead of their match in Brisbane, after one of their opponents received added motivation 15:47


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