New Zealand glacier hotel goes on the market

In the New Zealand town of Franz Josef, Westland, a South Island hotel property by the eponymous Franz Joseph glacier is up for grabs

"This business is showing substantial growth," Barry Robertson, the tourism broker at Colliers International's Queenstown office who is marketing the Franz Josef Oasis Hotel told the New Zealand Herald. The hotel is for sale as a freehold property and going concern business with an asking price of $3.2 million.

Robertson noted that the hotel has "potential to expand" and facilitate further growth. The property encompasses a newly renovated 16-suite hotel building, a restaurant, art gallery, manager and staff accommodation and gardens on 1.59 hectares of land.

Virtual Event

Hotel Optimization Part 3 | January 27, 2021

With 2020 behind us and widespread vaccine distribution on the horizon, the second half of the new year is looking up, but for Q1 (and most likely well into Q2) we’re very much still in the thick of what has undeniably been the lowest point of the pandemic. What can you be doing now to power through and set yourself up for a prosperous 2021 and beyond? Join us at Part 3 of Hotel Optimization – A Virtual Event on January 27 from 10am – 1:05pm ET for expert panels focused on getting you back to profitability.


Notably, the region may be seeing significant visitor growth: Robertson says guest nights on the West Coast rose 10.5 percent to 1,267,906 over the year to August 2015. "Visitors spend $288 million a year on the West Coast, equivalent to 20.4 percent of the region's GDP," he told the paper.