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The Business of Tourism
 
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The Business of Tourism

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Wednesday 13 March 2024
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Hostels

LyLo finalist in NZ design awards 15th August 2023 /

LyLo finalist in NZ design awards

The creators behind LyLo Auckland have been nominated as a finalist in three categories at the Designers Institute of New Zealand’s Best Design Awards.


Hostel outlook: Good times ahead after “brutal” pandemic 31st August 2022 /

Hostel outlook: Good times ahead after “brutal” pandemic

But cost pressures and corporate competition could shape the recovery for operators.


Jucy Snooze wakes from NZ slumber 22nd June 2022 /

Jucy Snooze wakes from NZ slumber

The operator reopens its hostels tomorrow, with strong demand and new patterns of bookings coming through.


NZ getting “absolutely smashed” by Aus – BYATA’s Westwood 1st June 2022 /

NZ getting “absolutely smashed” by Aus – BYATA’s Westwood

New Zealand tourism needs to step up and fight for overseas markets, says the association’s inaugural president.


No backpackers or hostels for arrivals – govt 16th February 2022 /

No backpackers or hostels for arrivals – govt

Accommodation with shared facilities will not be permitted to host visitors once the border eases.


Investors from NZ, abroad eyeing former YHA hostels 10th February 2022 / /

Investors from NZ, abroad eyeing former YHA hostels

There has been good interest among both domestic and international parties for the group of YHA-managed hostels that closed doors in December, says the agent charged with selling the properties.


Hostel industry on “verge of collapse” with 53% of beds gone – report 1st December 2021 /

Hostel industry on “verge of collapse” with 53% of beds gone – report

More than a third of businesses have shut with another 22% hibernating, says the New Zealand Hostels Association.


YHA NZ to shut – all hostels close on 15 December 25th November 2021 /

YHA NZ to shut – all hostels close on 15 December

In a “sad day for YHA and for tourism in NZ” the closures will end 89 years of operations.


Herwegh Vonk: Why I bought portfolio of YHA hostels during tourism crisis 30th March 2021 /

Herwegh Vonk: Why I bought portfolio of YHA hostels during tourism crisis

New hostel portfolio owner Wolf Herwegh Vonk on his $30m deal with YHA.


YHA banks $30m but operators shy on sale and leaseback 11th March 2021 /

YHA banks $30m but operators shy on sale and leaseback

Sale and leaseback offers a way to unlock capital for accommodation operators but deals remain rare.


Herwegh Vonk swoops on NZ hostels 15th February 2021

Herwegh Vonk swoops on NZ hostels

YHA sells five hostels in what it says is a reflection of the distressed nature of the tourism industry.


In-depth: Backpackers “dying” as closures wrack sector 5th February 2021 /

In-depth: Backpackers “dying” as closures wrack sector

Hostels are shutting their doors or being put up for sale as the market struggles without international visitors.


Training hostel to be rental apartments at Christchurch marae 21st January 2020 /

Training hostel to be rental apartments at Christchurch marae

The old Māori trade training hostel, Te Kooti te Rato, located at Rehua Marae in Christchurch will soon be repurposed into six modern apartments for local Christchurch whānau.


Summer accommodation available at YHA Opoutere 17th October 2019 /

Summer accommodation available at YHA Opoutere

Summer accommodation will be made available at the former YHA Opoutere, which has been handed over to the Wharekawa Adventure Education Trust by YHA New Zealand.


Lake Tekapo’s new $9m YHA shepherds visitors 15th May 2019 /

Lake Tekapo’s new $9m YHA shepherds visitors

Lake Tekapo’s new $9m YHA has reported 85% occupancy in its first two weeks of trade.