Hotel du Vin For Sale

by Deidre Woollard (RSS feed)
Mar 4th 2006 at 11:04AM

A New Zealand boutique hotel, the Hotel du Vin, has been put up for sale. The hotel which is surrounded by vineyards and gardens is located 45 minutes south of Auckland. The 48-room property is a four-star boutique hotel with a spa. Colliers International is selling the hotel by international tender closing April 5. It is currently owned by American entrepreneur Ed Aster, who is selling to concentrate on his wine exporting business. According to the New Zealand Herald, the hotel was a spur-of-the-moment purchase for Aster. The new owner will be required to convert the existing 48 rooms into single-key two-bedroom super luxury lodges. The article doesn't list a price for the resort but if you've got the cash and ever dreamed about cashing in on New Zealand's growing tourism market this may be your chance.

Tags: boutique hotel, hotel du vin, HotelDuVin, new zealand, vineyard