Tourism Ticker
The Business of Tourism
 
Tourism Ticker
The Business of Tourism

Tourism Ticker

Tourism Ticker
  News   Recovery   Opinion
Tuesday 05 March 2024
Roundup   Jobs   Calendar  

Investment & Funding

NZ can learn from France’s tourism funding models – Grant Ross
5 Mar 2024   /

NZ can learn from France’s tourism funding models – Grant Ross

After living 33 years in France, Forgotten World Adventures’ owner says NZ can take lessons from that country’s commitment to tourism investment.


Radisson RED entry positive but adds to thousands of rooms coming to Auckland
29 Feb 2024   /

Radisson RED entry positive but adds to thousands of rooms coming to Auckland

Its 322 rooms will be part of a $100m redevelopment and will add to the circa 2,000 keys already slated for the city’s hotel market.


Tasman’s plans for its latest holiday park acquisition? Invest, invest, invest

Tasman’s plans for its latest holiday park acquisition? Invest, invest, invest

The acquisitive holiday park owner is staying true to its word and pumping millions into its expanding portfolio.


MBIE highlights tourism contribution but tough challenges too in BIM
2 Feb 2024  

MBIE highlights tourism contribution but tough challenges too in BIM

The ministry says NZ lags behind many other countries in implementing charges on visitors to align tourism costs and benefits.


Staff accom drive Robertson Lodges, Queenstown land acquisitions
1 Feb 2024   /

Staff accom drive Robertson Lodges, Queenstown land acquisitions

Operators are spending millions to buy land across the country for desperately-needed housing for workers.


Tasman Tourism expands with approval to buy Coromandel holiday park land
1 Feb 2024  

Tasman Tourism expands with approval to buy Coromandel holiday park land

The private equity-backed operator secures consent to add another NZ holiday park to its growing portfolio.


Govt allocates $300k to Waitangi events
1 Feb 2024   /

Govt allocates $300k to Waitangi events

About $300,000 has been allocated to 35 community events commemorating Waitangi Day around the country.


Council begins $1.3m upgrade of Taranaki walkway
31 Jan 2024  

Council begins $1.3m upgrade of Taranaki walkway

New Plymouth District Council is beginning a $1.3m upgrade project to improve the Windsor Walkway at Inglewood.


THL expands in Aus again with $13m acquisition
23 Jan 2024   /

THL expands in Aus again with $13m acquisition

THL has signed an agreement to acquire Australian RV sales dealership Camperagent RV Centre for A$11.9m (NZ$12.87m).


TNZ’s 2024 priorities – has it made its case to the new govt to reverse $15m budget cut?
22 Jan 2024   /

TNZ’s 2024 priorities – has it made its case to the new govt to reverse $15m budget cut?

Tourism New Zealand CEO René de Monchy says he has had “really good” meetings with the new tourism and hospitality minister.


Enduring IVL funding, new partnership fund mooted in draft TDLG business plan
18 Jan 2024   /

Enduring IVL funding, new partnership fund mooted in draft TDLG business plan

The Tourism Data Leadership Group is seeking ongoing support from the International Visitor Conservation and Tourism Levy and a new industry partnership fund to help improve data in the sector.


Doocey consulting on $15m TNZ budget cut, funding for DMPs, data
15 Dec 2023   /

Doocey consulting on $15m TNZ budget cut, funding for DMPs, data

The new tourism and hospitality minister tells the Ticker his priorities for the portfolio.


“Significant impact” for Hamilton & Waikato Tourism as councils cut funding
15 Dec 2023   /

“Significant impact” for Hamilton & Waikato Tourism as councils cut funding

The RTO’s budget comes under pressure as funders look to cut back.


Ryan Sanders, Asia PE launch flashpacker network with YHA hostels, Haka Lodges
7 Dec 2023   /

Ryan Sanders, Asia PE launch flashpacker network with YHA hostels, Haka Lodges

Haka House becomes NZ’s biggest hostel operator with backing from private equity firm GCP Hospitality.


Otago trust approves $2m for event centre redevelopment
31 Oct 2023   /

Otago trust approves $2m for event centre redevelopment

Otago Community Trust has approved a $2m grant to support the redevelopment of the Waitaki Event Centre.


New govt must change attitude towards tourism – HCA’s Doolan
16 Oct 2023   /

New govt must change attitude towards tourism – HCA’s Doolan

The incoming government must reform its funding and governance of tourism, says Hotel Council Aotearoa.


NZSki starts $23m Remarkables upgrade
13 Oct 2023  

NZSki starts $23m Remarkables upgrade

NZSki is replacing its Shadow Basin chairlift at The Remarkables in time for the 2024 ski season.


AHICE: The “extremely cost prohibitive” challenge for NZ hotel investment
12 Oct 2023   /

AHICE: The “extremely cost prohibitive” challenge for NZ hotel investment

New Zealand hotel owners are having to cope with increasingly onerous insurance bills that are having an impact on investment decisions, says one of the industry’s notable investors.


Kaitāia Airport secures $5.4m funding for upgrades
6 Oct 2023   /

Kaitāia Airport secures $5.4m funding for upgrades

Kaitāia Airport will receive $5.4m in government funding for maintenance and upgrade works.


Costs balloon for Marlborough Sounds road rebuilds
5 Oct 2023   /

Costs balloon for Marlborough Sounds road rebuilds

Marlborough District Council is calling for government funding to help support the rebuild of the region’s roads.


West Coast roads get $22m for resilience, help support tourism
15 Sep 2023   /

West Coast roads get $22m for resilience, help support tourism

Eighteen roading projects across the West Coast will receive more than $22m in government investment from the $419m Transport Resilience Fund.


Waitangi Day events fund open for applications
12 Sep 2023   /

Waitangi Day events fund open for applications

The Ministry of Culture and Heritage has opened the $300,000 Commemorating Waitangi Day Fund for communities seeking to organise events that commemorate the signing of Te Tiriti (the Treaty).


Election 2023: TIA’s Ingram on investing for the long game
8 Sep 2023   / /

Election 2023: TIA’s Ingram on investing for the long game

Tourism needs investment to sustain its economic contribution and social, cultural, and environmental goals – not govt cuts – writes TIA’s Rebecca Ingram.


Perspectives: An undeniable trend – NZ is underinvesting in tourism
7 Sep 2023   /

Perspectives: An undeniable trend – NZ is underinvesting in tourism

NZ needs to invest properly in tourism and not de-fund agencies like Tourism NZ.


$20m 5-star Queenstown hotel deal approved
1 Sep 2023   /

$20m 5-star Queenstown hotel deal approved

Singapore-controlled Queenstown Hotel Investments secures consent for its purchase of the luxury Nugget Point Hotel.


Community supports further investment – Queenstown Airport
30 Aug 2023  

Community supports further investment – Queenstown Airport

Queenstown Airport is reporting solid support for further investment in upgrades to its airfield, terminal, ground transport links and safety enhancements.


Govt takes back $60m from tourism in savings drive
29 Aug 2023  

Govt takes back $60m from tourism in savings drive

Funding streams for Tourism NZ, the Great Rides, and the tourism innovation programme are affected.


Global travel, tourism investment to near US$1tr – WTTC
29 Aug 2023  

Global travel, tourism investment to near US$1tr – WTTC

The World Travel & Tourism Council expects investment in global travel and tourism to reach nearly $1tr in 2023.


Clear road ahead for Grand Pacific Tours
28 Aug 2023   /

Clear road ahead for Grand Pacific Tours

The major ITO says a strong recovery allows investment to help meet changing customer preferences.


Enterprise invests $20m in NZ for 500 new rentals, GO Rentals gets boost

Enterprise invests $20m in NZ for 500 new rentals, GO Rentals gets boost

Enterprise Holdings is investing more than $20m to add 500 new vehicles to New Zealand’s rental fleet.


Queenstown Airport converts $100m debt to green loan
10 Aug 2023   /

Queenstown Airport converts $100m debt to green loan

Queenstown Airport Corporation has converted its $100m bank lending facilities to sustainability-linked loans.


QLDC, Waiheke Airport, Lightning Lab ventures secure tourism innovation funding
7 Aug 2023   /

QLDC, Waiheke Airport, Lightning Lab ventures secure tourism innovation funding

Two ventures from the inaugural industry accelerator will receive co-funding from the $44m programme.


Rotorua Museum’s $81m strengthening project gets council go-ahead
3 Aug 2023   /

Rotorua Museum’s $81m strengthening project gets council go-ahead

Rotorua Lakes Council’s infrastructure and environment committee has voted in favour of strengthening and eventually reopening the city’s iconic museum.


New IVL investment plan unveiled: Priorities refocused for $80m annual funding
2 Aug 2023   /

New IVL investment plan unveiled: Priorities refocused for $80m annual funding

The govt wants to build more regenerative and resilient tourism and conservation.


Auckland hospo portfolio sells for $21m
2 Aug 2023  

Auckland hospo portfolio sells for $21m

Good Spirits Hospitality is selling its portfolio of nine venues for $20.7m to another hospitality operator, Brew On Quay.


Sustainability institute, zoo secure tourism innovation funding
25 Jul 2023   /

Sustainability institute, zoo secure tourism innovation funding

Regeneration and conservation projects are the latest to get co-funding from the $44m Innovation Programme for Tourism Recovery.


Govt injects $200k into DHC to attract visitors
25 Jul 2023   /

Govt injects $200k into DHC to attract visitors

Destination Hauraki Coromandel will receive $200,000 from the government to help boost visitor numbers over the summer as part of the region’s recovery efforts.


Auckland Airport opens community support funding
12 Jul 2023   /

Auckland Airport opens community support funding

Auckland Airport Community Trust has opened applications for the 2023/24 funding round of its community and responsive grants.


International Antarctic Centre up for sale as RealNZ divests
6 Jul 2023   /

International Antarctic Centre up for sale as RealNZ divests

The Queenstown-based operator is selling four businesses but also investing in an asset to serve its popular Walter Peak attraction.


$70k available for Coromandel events
6 Jul 2023   /

$70k available for Coromandel events

Up to $70,000 is on offer for initiatives through Coromandel Regional Events Fund when it opens for applications next week.


Tourism leaders welcome $128m govt investment in tertiary sector
28 Jun 2023   /

Tourism leaders welcome $128m govt investment in tertiary sector

Industry stakeholders have welcomed the government’s provision of $128m to support universities, but say it is too early to know what the consequences will be for tourism.


Make bed taxes, visitor levies easier to implement – report
22 Jun 2023   /

Make bed taxes, visitor levies easier to implement – report

Legislative and policy changes should be made to make it easier for local government to implement bed taxes and visitor levies, according to a new report.


“Govt should be involved” – PM on ownership of Ruapehu ski fields
20 Jun 2023   /

“Govt should be involved” – PM on ownership of Ruapehu ski fields

Creditors meet today for a vital vote on the future of RAL’s ski operations.


Wai Ariki big boost for Rotorua tourism – govt
16 Jun 2023   /

Wai Ariki big boost for Rotorua tourism – govt

The government has invested $51m in the hot pools attraction, which is expected to attract thousands of visitors to the region.


Weather-damaged cycle trails see $2.5m funding boost
16 Jun 2023   /

Weather-damaged cycle trails see $2.5m funding boost

The Hauraki Rail Trail will receive $2m from the government to enable the repair, recovery and maintenance of the popular cycle route.


AI tourism venture breaks cover, seeks $13m to “revolutionise” NZ visitor experience
12 Jun 2023   /

AI tourism venture breaks cover, seeks $13m to “revolutionise” NZ visitor experience

Hey Kiwi plans to use artificial intelligence to transform the way visitors experience NZ.


Deadline extended for tourism innovation programme
12 Jun 2023   /

Deadline extended for tourism innovation programme

The final closing date for Stream 2 applications under the Innovation Programme for Tourism Recovery has been extended by just over six weeks to 15 December 2023 from its initial 31 October deadline.


Electric aircraft & marine vessels secure tourism innovation funding
6 Jun 2023   /

Electric aircraft & marine vessels secure tourism innovation funding

An electric hydrofoil venture targeting tourism is one of four new applicants to receive co-funding from the $44m programme.


Upper Hutt opens event funding
2 Jun 2023  

Upper Hutt opens event funding

Upper Hutt City Council is now accepting applications from local event organisers to support a range of diverse events in the city.


How much exactly did tourism receive – or lose – in Budget 2023? MBIE breaks it down…
29 May 2023  

How much exactly did tourism receive – or lose – in Budget 2023? MBIE breaks it down…

An estimated $35m from the IVL will also be available for tourism projects.