Two Waikato hoteliers have been bashed, tied up and robbed, just a few days after taking over the business.

Police are investigating the robbery, at the Pirongia Hotel last night.

They say the owners, Tony and Julie, were tidying up when two men went in.

After making off with cash, they left the victims tied up in the office.

Police are looking for two men of medium build, one was wearing a dark jacket and the other was in a pink t-shirt.