The company says it is “very hopeful” of DOC and government approval for the deal, which will see it take over Tūroa ski field.
THL has signed an agreement to acquire Australian RV sales dealership Camperagent RV Centre for A$11.9m (NZ$12.87m).
Ngāi Tahu Tourism has banned its bid to acquire the Queenstown tourism jet boating business KJet.
The Christchurch-based operator says the purchase provides diversification of location and season.
The Commerce Commission is seeking submissions on Ngāi Tahu Tourism’s proposed acquisition of Queenstown operator KJet.
The former owner of one of the country’s largest rental car businesses tells the Ticker about a surprise offer.
The Commerce Commission has cleared Real NZ’s business Real Journeys to acquire the Spirit of Queenstown vessel and its associated assets from Southern Discoveries.
“We will continue to supply safe and reliable vehicles to all industry participants,” says the Japanese car giant.
The lodge joins an exclusive portfolio of global accommodation, co-founded by a former Blackstone executive.
It is the iwi’s fourth deal in tourism after it entered the industry in 2017, making it one of Taupō’s most significant operators.
THL-owned Action Manufacturing has purchased transport refrigeration company Transcold for $5.4m.
Jucy Group’s $50m acquisition of the Star RV premium motorhome brand could double the operator’s annual revenue in the near term, says the company’s chief executive.
Apollo Tourism & Leisure’s shareholders have voted in favour of Tourism Holdings’ takeover.
Tourism Holdings Limited and Apollo Tourism & Leisure have agreed to extend the final date for a proposed merger deal to 15 October.
The Australian Competition and Consumer Commission has delayed its decision regarding the proposed merger between Tourism Holdings Limited and Apollo Tourism & Leisure.
The competition regulator says other campervan and motorhome rental operators will be a “weak constraint” on the proposed merged entity.
Tourism Holdings Limited’s efforts to purchase Apollo Tourism & Leisure of Australia are progressing with Apollo’s Board intending to unanimously recommend that its shareholders approve the deal.
Overseas investors betting on a post-Covid travel boom are pumping multi-million dollar investments into tourism.
Family-owned Leisure Time Group has expanded into the event management space with the acquisition of Auckland-based Lime & Soda.
Aviation tourism operator INFLITE has entered the New Zealand skydive sector with a multi-million dollar purchase of Skydive Franz Josef Glacier.
A leading Australian adventure travel specialist has acquired iconic central Otago Rail Trail cycling tour operator, Trail Journeys.
The iconic Kingston Flyer has been sold to a consortium of Queenstown investors for $2m.
