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The Business of Tourism
 
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Tuesday 05 March 2024
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Liquidations

Small operator in liquidation 9th February 2024

Small operator in liquidation

The High Court has appointed two joint and several liquidators of Southern Lakes Sightseeing Tourism.


River runs dry for Waikato operator placed in  liquidation 8th December 2022 /

River runs dry for Waikato operator placed in liquidation

Gone are the Waikato River Explorer’s floating cafes and scenic cruises from Hamilton, leaving a hole in the city’s tourism scene and the jetties bare as the company is liquidated.


Volcanic Air goes into liquidation with $163k in liabilities 28th October 2022 /

Volcanic Air goes into liquidation with $163k in liabilities

Operators are among the creditors but the company has $147k in assets, including $132k in cash, according to the liquidators’ report.


Leopard Coachlines goes into liquidation 18th February 2022 /

Leopard Coachlines goes into liquidation

After more than 50 years of operating, the company files for voluntary liquidation citing NZ’s border rules as the last straw.


Hostel operator goes into liquidation 24th February 2021 /

Hostel operator goes into liquidation

Blenheim-based Diamond Hostel Limited has gone into liquidation.


Ticket Rocket debts pass $8.3m, liquidators aim to sell business 10th November 2020

Ticket Rocket debts pass $8.3m, liquidators aim to sell business

Ticketing and venue management service company Ticket Rocket’s debts have surpassed $8.3m, according to the joint receivers and liquidators who are trying to sell the business.


Dozens of operators among Whyte Waters creditors owed $1.68m 6th October 2020

Dozens of operators among Whyte Waters creditors owed $1.68m

Creditors of Whyte Waters Group are owed more than $1.68m, according to the first joint liquidators’ report.


1000+ creditors register with liquidated STA Travel NZ 6th October 2020 /

1000+ creditors register with liquidated STA Travel NZ

More than 1000 unsecured creditors are listed in the first liquidators’ report.


STA Travel NZ collapses into liquidation 29th September 2020 /

STA Travel NZ collapses into liquidation

STA Travel (NZ) Limited has been placed in liquidation following a creditors’ meeting on Monday 28 September, where it was estimated the company owed about $11m.


Criticism prompts clarification of STA Travel NZ creditor report 25th September 2020 /

Criticism prompts clarification of STA Travel NZ creditor report

A former staffer of STA Travel NZ has queried media reports, prompting the voluntary administrators to clarify aspects of the first creditors’ report.


Online booking company Whyte Waters in liquidation 14th September 2020

Online booking company Whyte Waters in liquidation

The firm owned Real Time Booking Systems Limited and Queenstown Visitor Guide Limited, both of which have also gone into liquidation.


Tour bus company involved in crash goes into liquidation 9th September 2020 /

Tour bus company involved in crash goes into liquidation

The coach tour company involved in a crash that saw 20 Chinese visitors injured, two of them severely, has gone into liquidation.


Booking.com largest creditor in rental management liquidation 1st September 2020 /

Booking.com largest creditor in rental management liquidation

Booking.com is the largest creditor of Auckland company Viaduct Harbour Resort 2019 which has been placed in liquidation.


Mokai vendor: “I dodged a bullet” with Taupo Bungy sale 18th June 2020 /

Mokai vendor: “I dodged a bullet” with Taupo Bungy sale

The owner of the Mokai Gravity Canyon has placed the company in liquidation but remains hopeful that it will eventually attract a buyer.


Buyers scope Heli Tours after operator goes bust 14th February 2019 /

Buyers scope Heli Tours after operator goes bust

Prospective buyers have approached the liquidator of Heli Tours Queenstown after the business went bust this week.