The luxury boutique Hotel du Vin, located south of Auckland near Pokeno, has gone into receivership.
On Friday receivers Kordamentha were called in to manage the business and all of its assets, The New Zealand Herald reported.
Companies office records show Hotel du Vin is directly owned by Leeward Holdings -- the holding company for Aster Investment Company which was also put into receivership on Friday.
Its spa business Spa du Vin is also owned by Aster Investment Company.
Hotel du Vin was bought by wealthy American Ed Aster and his wife in 2001 on a visit to this country.
The hotel is managed by the Heritage Hotel Management chain and continues to be run. Heritage is not in receivership.
A spokesman for Heritage Hotel Management said it was continuing to operate the hotel under the receivers and would continue to do so until a formal agreement was reached.
A meeting would be held with the receivers today.
