The YHA hostel in Tekapo closes on December 15 and goes on the market in early 2022.
The Youth Hostel Association (YHA) has refuted rumours that its modern $9 million accommodation block on the shores of Lake Tekapo, which is set to close on December 18, has been sold.
The sale rumours have circulated in the area since late November when the YHA announced it will close its 11 hostels in Tekapo, Aoraki/Mt Cook, Auckland, Rotorua, Wellington, Christchurch, Wanaka, Queenstown (2), Franz Josef and Te Anau.
“No hostels have been placed on the market for sale yet, and we do not anticipate this happening until February,” YHA New Zealand general manager Simon Cartwright told The Timaru Herald.
Tekapo and the other hostels will close just before the busy holiday seasons starts with the YHA citing an unsustainable financial position created by Auckland’s lockdown and New Zealand’s international border restrictions, as the reasons.
* Backpacker industry on the verge of collapse with a third of hostels and thousands of beds gone for good
* Youth hostel closures in Tekapo and Aoraki/Mt Cook a double blow for Mackenzie District
* Covid-19 casualty: Youth Hostel Association New Zealand to permanently close 11 hostels
Asked whether each hostel would be marketed separately or together Cartwright replied:
“To be determined by the agent, Colliers.”
He said what happened to the funds raised by the sale would be decided by the YHA national board and membership “following completion of the sale process.”
When the 128-bed Tekapo hostel opened in 2019, then YHA chief executive Mark Wells said many visitors treated Tekapo as a “pit-stop” because of a lack of affordable accommodation. The new YHA, he said, would encourage budget travellers to stay in the town and boost the local economy by $6.5 million a year.
Caught up in the Tekapo hostel’s closure is Our Dog Friday cafe which operated in a section of the YHA complex.
They posted on social media that they would also close their doors on December 15 and thanked the Lake Tekapo community for its support.
“The tight embrace from this wonderful group of people has been appreciated through and through, and never taken for granted.
“The excitement over our café and hostel opening, the enthusiasm for new burger launches and the love that’s been shown to our team over the last week has been nothing less than incredible.”