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The lodge was owned by Belgium-based Worldwide Leisure Limited. In the application, the investors said they intended to continue operation of the Huka Lodge business and expand the main lodge and develop new spa and gym facilities.
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The Overseas Investment Office has given the green light for the sale of Huka Lodge to a United States-based private equity firm. The primary benefits of the sale included the creation of about four new permanent full-time roles and 25 temporary roles, an increase in exports due to the investors’ extensive and established distribution network, advancement of Tourism NZ’s premium sector strategy and the introduction into New Zealand of additional investment, according to the Overseas Investment Office (OIO) decision.