Mountainside folly: what now for the Chateau?

Mountainside folly: what now for the Chateau?
A romantic money pit: the Chateau was postcard perfect when it snowed. (Image: NZME)
Pattrick Smellie
Fixing seismic weaknesses and other upgrades at the iconic Chateau Tongariro Hotel would have cost more than $15 million for a hotel that didn't make a profit in 31 out of 32 years to 2017.Releases to BusinessDesk under the Official Information Act show that the Chateau closed in February because the hotel’s operator, Kah New Zealand, could not reach commercially acceptable terms with the building’s ultimate owner, the Department of Conservation, following six years of negotiations for a renewal.Now, the fate of the Category 1 h...

More Editor's Picks

‘We need the cash’: Alliance chair’s plea to shareholders
Primary Sector

‘We need the cash’: Alliance chair’s plea to shareholders

Its special meeting was held in Invercargill on Monday.

Riley Kennedy 20 Oct 2025
Where to take care of business in Fiji
Editor's Picks Free

Where to take care of business in Fiji

Sun, space, and seamless travel: Fiji’s pitch for NZ’s next big business meetings.

Riley Kennedy 20 Oct 2025
My Net Worth: Jim Wicks, Cultivating Leadership MD
Editor's Picks

My Net Worth: Jim Wicks, Cultivating Leadership MD

“I want to create spaces that enable people to be successful and grow.”

On the Money: Garry Moore and PGW, and more
Editor's Picks

On the Money: Garry Moore and PGW, and more

We farewell Jim Bolger while sparing a thought for Garry Moore, and more.

Dileepa Fonseka 18 Oct 2025