CBRE, on behalf of the Department of Conservation, has launched a formal process to obtain proposals to invest in, refurbish and reopen the iconic Chateau Tongariro.
Proposals are invited from qualified parties interested in restoring and operating the historic hotel, with submissions closing on April 20.
Natasha Sarkar, director in CBRE’s Structured Transactions team, said the department’s aim is to identify proposals that can deliver a long-term hospitality and accommodation offering that aligns with conservation values, mana whenua aspirations and the objectives of Tongariro National Park.
“This is an iconic legacy opportunity for an individual or group to reopen this nationally-significant building and relaunch it within New Zealand’s tourism sector,” she says.
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“The department is looking for proposals that are innovative, financially robust and operationally credible, with a clear commitment to stewardship of a heritage asset in a culturally and environmentally significant national park setting.”
“The proposal will be able to demonstrate a thorough and viable pathway for a long-term tourism asset that meets environmental, cultural, heritage and statutory requirements.
“Reopening the hotel could also contribute in a meaningful way to the local community, providing employment opportunities and a high-quality accommodation and dining option in Tongariro National Park that will help draw more visitors to the area.”
Peter Hamilton, director of CBRE’s hotels division, said the combination of heritage, location and existing accommodation and conference facilities create the opportunity to make an impact in the New Zealand tourism sector.
“This is a nationally recognised property with year-round visitation drivers, and it gives the right operator the chance to refurbish and operate a landmark hotel that is a key part of New Zealand’s tourism story.”
Hamilton said respondents should consider the right mix of facilities that will appeal to today’s visitor markets, within the pre-existing heritage and environmental overlays.
“A refurbishment-led relaunch creates scope to lift the guest experience, improve operational efficiency and potentially introduce new elements that are in keeping with the national park setting.
“These could include a wellness offering and experiences that offer visitors meaningful connections with the surrounding natural environment.”
The Chateau Tongariro sits in Whakapapa Village at the foot of Mt Ruapehu, on the access road to Whakapapa skifield and surrounded by year-round recreational activities including the Tongariro Crossing and the wider Tongariro National Park trail network.
The building was designed by architect Herbert Hall neo-Georgian style and was completed in 1929. It is category 1 listed with Heritage NZ Pouhere Taonga and holds an Enduring Architecture award from the New Zealand Institute of Architects.
The Chateau is also located within a Unesco World Heritage site, with Tongariro National Park’s dual World Heritage status recognising the park's important Māori cultural and spiritual associations as well as its outstanding natural features.
Originally built to offer international-standard accommodation for overseas visitors, the building has also served as a hospital for wounded soldiers returning from World War II.
It includes 97 guest rooms across the original building and a later extension wing; staff accommodation, restaurant, cafe, fitness room, sauna and indoor pool.
Among its most distinctive features are the sweeping entrance staircase and the grand Ruapehu Room lounge with its ornate ceiling, chandeliers and large picture window framing the view of Mt Ngāuruhoe.
Many famous and royal guests have stayed at the hotel, including Queen Elizabeth II.
CBRE’s process is expected to attract interest from experienced international hotel operators, local high net worth investors and consortiums, who can demonstrate capability across hotel development, heritage assets and successful long-term hospitality operations, said Sarkar.
“This asset is ideally positioned to support increased visitor numbers to Tongariro National Park over the long term, as the popularity of outdoor recreation grows.”
- Supplied by CBRE
