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.