Poolburn Hotel in Central Otago soldRhys Chamberlain The Poolburn Hotel at the start of the Ida Valley in Central Otago. The Poolburn Hotel has sold and there is speculation it will be turned into accommodation for cyclists. Former owner Dion Morrell of Dion Morrell Shearing, said he had no idea what the new owners were going to do with it, but he was happy to have it sold. Queenstown Mountainbike Club committee member Fraser Gordon said he knew nothing about the purchase of the hotel but said if the speculation was true, it would be great for mountainbiking in Central Otago. The hotel sold in 2006 for $380,000 and again in 2010 to Morrell for an undisclosed amount.

Source: Stuff January 24, 2017 03:26 UTC