Receivers' reports expose $46m of debt behind Queenstown's luxury Carlin Hotel

Receivers' reports expose $46m of debt behind Queenstown's luxury Carlin Hotel
The Carlin is at 43 Hallenstein St, Queenstown. (Image: BusinessDesk)
Gregor Thompson
Receiver reports have brought to light a collective debt burden of over $46 million on the books of the entities behind Queenstown’s prestigious Carlin Hotel.The reports, by BDO’s Diana Matchett and Colin Gower and released on May 3, also reveal ongoing intentions to sell the hotel which, for now, remains operational.  Matchett and Gower were appointed receivers by the principal debtor of Carlin Hotel Property Management and Queenstown Views Villas, Pablo (Aust) Pty Limited on Feb 26.Queenstown Views Villas, which owns and oper...

More Tourism

Buyer sought for Whakapapa skifield
News in Brief

Buyer sought for Whakapapa skifield

A buyer would have to strike a deal with the crown to operate the skifield. 

Staff reporters 26 Jun 2024
New Zealand would be great if it wasn't for the customers
Economy

Dileepa Fonseka: New Zealand would be great if it wasn't for the customers

If we earned a dollar every time we talked about value-add we would be a wealthy nation.

Dileepa Fonseka 17 Jun 2024
Court stoush over campground sale
Law & Regulation

Court stoush over campground sale

A major tourism operator has lost a bid to halt the sale of a couple’s camping ground.

Tom Raynel 13 Jun 2024
Migrant departures hit record high
Economy

Migrant departures hit record high

Stats NZ figures show 130,600 departures for the April 2024 year, up 34% from a year ago.

Staff reporters 12 Jun 2024