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NZICC deadline pushed three years to Dec 2027
14 Jul 2021   /

NZICC deadline pushed three years to Dec 2027

SkyCity says it is “prudent to have a buffer” between Fletcher’s current delivery date of late 2024 and the project’s deadline.


WellingtonNZ appoints TIA for sustainability programme
14 Jul 2021   /

WellingtonNZ appoints TIA for sustainability programme

WellingtonNZ aims to share lessons learned from programme with rest of New Zealand after pilot complete.


Union urges SkyCity to lift pay rate
9 Jul 2021   /

Union urges SkyCity to lift pay rate

Unite Union is calling on SkyCity to increase pay rates by at least $2 per hour to provide a living wage for its employees.


Ngāi Tahu to repay $2.4m in wage subsidies
6 Jul 2021   /

Ngāi Tahu to repay $2.4m in wage subsidies

Ngāi Tahu Tourism was one of the businesses that received government support but the iwi says it will pay most of it back.


Serko appoints new CFO to start October
6 Jul 2021   /

Serko appoints new CFO to start October

Online travel booking and expense management firm Serko has appointed Shane Sampson chief financial officer.


Flight Centre rolls-out global staff retention scheme
28 Jun 2021  

Flight Centre rolls-out global staff retention scheme

Qualifying staff to receive share rights vesting in February 2023.


BEIA releases NZ event planner guide with regional focus
22 Jun 2021  

BEIA releases NZ event planner guide with regional focus

More than 2,500 copies distributed to business event organisers in Australia and New Zealand.


Taranaki businesses struggle as border closure continues
21 Jun 2021   /

Taranaki businesses struggle as border closure continues

Lack of overseas visitors, difficultly in finding migrant workers cited.


Air NZ expects FY21 pretax loss of up to $450m
18 Jun 2021   /

Air NZ expects FY21 pretax loss of up to $450m

Red ink at national carrier seen as staunched somewhat compared to last FY due to strong domestic, cargo.


Polynesian Spa owner swings into black
16 Jun 2021  

Polynesian Spa owner swings into black

Rangatira’s tourism operations drag on other sectors in its investment portfolio.


“Strong” domestic demand drives new SkyCity guidance
11 Jun 2021  

“Strong” domestic demand drives new SkyCity guidance

The operator says normalised FY21 earnings could reach $253m.


SkyCity board appoints non-executive directors
9 Jun 2021   /

SkyCity board appoints non-executive directors

New appointees take up posts 8 June.


Southern Discoveries doubles domestics, predicts long recovery
25 May 2021   /

Southern Discoveries doubles domestics, predicts long recovery

“We don’t see a bounce-back in 2022,” says the operator’s CEO, Tim Hunter.


90% revenue down, 100+ workers gone, no govt help – coachline’s crisis
20 May 2021  

90% revenue down, 100+ workers gone, no govt help – coachline’s crisis

Leopard Coachlines director Brent Early says his business is suffering and the govt has abandoned the industry.


Serko posts $29m loss, sees brighter travel bookings future
19 May 2021   /

Serko posts $29m loss, sees brighter travel bookings future

Travel volumes for April 2021 were at 84% of 2019 levels.


THL guides FY21 loss of up to $18m
23 Apr 2021   /

THL guides FY21 loss of up to $18m

Stong RV sales in the US is bringing in revenue but rental demand is slow due to the lack of visitors.


Quinn makes bid for Taupo motorsport attraction
21 Apr 2021  

Quinn makes bid for Taupo motorsport attraction

Tony Quinn has made a conditional buyout offer for the Bruce McLaren Motorsport Park Taupo.


S&P upgrades SkyCity as revenue outlook improves
20 Apr 2021  

S&P upgrades SkyCity as revenue outlook improves

Capex on the NZICC and Horizon Hotel development is likely past its peak, says the global ratings agency.


Aus fund manager Yarra takes substantial SkyCity interest
16 Apr 2021  

Aus fund manager Yarra takes substantial SkyCity interest

Change affects 8.63% of voting power in casino operator, effective 12 April.


‘Trapped’ tourists drive retailer’s earnings up
23 Mar 2021  

‘Trapped’ tourists drive retailer’s earnings up

The company has been able to capitalize on campers, surfers, rock climbers and kayakers trapped in NZ and Australia with time and income.


Cash burn rate key for Air NZ as Covid crisis continues
26 Feb 2021  

Cash burn rate key for Air NZ as Covid crisis continues

“Compared to most of our global peers, we are in a very fortunate position,” said chief executive Greg Foran.


Tourism Holdings sanguine about holiday pay ruling
3 Feb 2021   /

Tourism Holdings sanguine about holiday pay ruling

Tourism Holdings’ chief executive Grant Webster says a court ruling about holiday pay won’t have a material impact on the company but some companies may need to review processes.


cievents closure sees trio launch new incentives firm
9 Dec 2020   /

cievents closure sees trio launch new incentives firm

Starting a new business in the middle of the pandemic may be a scary idea to some, but was necessary to deliver what was promised to clients, says the new directors of Motive Events. 


SkyCity chair: Senior executive departures a ‘stable transition’
17 Nov 2020   /

SkyCity chair: Senior executive departures a ‘stable transition’

SkyCity chairman Rob Campbell told investors and analysts that the departure of chief executive Graeme Stephens was not unusual or entirely unexpected.


Centuria renews takeover bid for Augusta
16 Jun 2020  

Centuria renews takeover bid for Augusta

NZX-listed Augusta Capital is again the target of a takeover, with Australian company Centuria renewing an earlier bid.


Govt wage subsidy – which operators got the most?
20 Apr 2020   /

Govt wage subsidy – which operators got the most?

Payouts for the Government’s wage subsidy scheme neared $10bn by the end of last week as businesses from across the country seek support during the Covid-19 crisis.


Q&A with Ngāi Tahu Tourism’s Quinton Hall
11 Nov 2019  

Q&A with Ngāi Tahu Tourism’s Quinton Hall

The CEO on the current slowdown, responding to aggressive pricing, and NTT’s Queenstown hotpools and electric jet boat projects.


Tourism NZ goes internal after global search for marketing director
23 Sep 2019  

Tourism NZ goes internal after global search for marketing director

After a 16 month global search for a firstly a creative and content director, and then a marketing director, Tourism New Zealand has made an internal appointment to fill the role.


Mackenzie District to “dive straight in” with own tourist tax referendum
8 Mar 2019  

Mackenzie District to “dive straight in” with own tourist tax referendum

Mackenzie plans to follow Queenstown’s lead and hold a referendum on a local tourist tax. 


Watch: NZ’s best reps – DOC, TNZ, Air NZ recognised
20 Jun 2018  

Watch: NZ’s best reps – DOC, TNZ, Air NZ recognised

Government agencies and operators have been recognised in Colmar Brunton’s latest NZ reputations indexes.


INFLITE owner lifts profit 10% in “challenging market conditions”
30 Mar 2017  

INFLITE owner lifts profit 10% in “challenging market conditions”

New Zealand’s largest general aviation company, which has extensive scenic tourism and charter flight interests, has reported interim net profit after tax of $12.7m.


Skydive Wanaka helps Aussies lift NZ revenue by 362%
1 Mar 2017   /

Skydive Wanaka helps Aussies lift NZ revenue by 362%

Skydive the Beach reported an 84% surge in its half-year pre-tax profit boosted by its acquisition including Skydive Wanaka, which it bought in July last year.


Tourism JV launches Mt Cook Glacier Guiding
16 Nov 2016  

Tourism JV launches Mt Cook Glacier Guiding

Fox Glacier Guiding and INFLITE’s Mt Cook Ski Planes and Helicopters have teamed up to create new glacier-guiding experiences for visitors to Mt Cook National Park.