Timeshare decline: Bay of Islands resort among latest to wind up after High Court ruling - News Summed Up

Timeshare decline: Bay of Islands resort among latest to wind up after High Court ruling


He holds an active role in the industry association for the timeshares in New Zealand as a member of the New Zealand Holiday Ownership Council (formerly the New Zealand Timeshare Owners Association). The sun might be setting on the concept of timeshare holiday accommodation, once popular among the now-boomer generation. The decision in 2025 to wind up the Bishop Selwyn timeshare resort in Paihia was one of five in as many years handled by one law firm alone. The Bishop Selwyn Resort in downtown Paihia had an insurance value of $20m and was listed for sale in June 2025 for $5.6m. Norman says while there are challenges to selling a timeshare unit, where the market lies is in the bricks and mortar.


Source: Stuff December 26, 2025 19:42 UTC



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