The company behind a planned $18 million hotel on the shores of Lake Rotorua has not been able to get hold of the new land owners - more than six months after the land changed hands.
But international hotel chain Wyndham Hotel Group has said it will keep looking for new opportunities in Rotorua and the surrounding area.
The chain announced plans for the new hotel in September 2014 and it was expected to open last December. However work never got started on the development.
The major development at the lake end of Whittaker Rd was expected to include a mix of 68 hotel rooms and one and two-bedroom apartments as well as a geothermal health spa, onsite restaurant and bar, swimming pools and conference facilities.
During construction as many as 100 people were expected to work on the project with 10 new jobs once operational.