It is reckoned to be the country's highest hotel and now it's on the market.
Skotel Alpine Resort, in Whakapapa Village on Mt Ruapehu, is about 1140 metres above sea level and was built in the mid-1980s by a group of recreational skiers looking for a European-style lodge on the mountain.
The hotel was bought from that consortium in 1990 and now, after 23 years of running the business, the owner is looking to retire.
Michael Pleciak, of the real estate firm Bayleys, said that while Skotel was originally developed as a ski resort and lodge, the growth of eco-tourism had expanded its appeal to a year-round hospitality venture.
Mr Pleciak said the increasing popularity of the Tongariro Crossing walk, along with the growth in mountainbiking, had added dimension to the traditional uses of the Tongariro National Park, and summer business now competed with winter as the busiest time of the year.