The hut is located in the rear Wattental in the middle of the extensive ski touring and hiking area of the Wattentaler Lizum.

Due to its location and size, the hut is also used for a wide variety of alpine courses and seminars.

Lizumer Hütte was built in 1912 by members of the Haller Alpenverein as a base for ski tours and was expanded in 1932.

After the war, it became the property of the French occupation before being transferred to the Austrian government in 1955, which owns it to this day.

As a way to the Lizumer Hütte there are also some yoke crossings, namely the Klammjoch from the Navistal, the Torjoch from the Tuxer Tal and the Grafensjoch from Weerberg.