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.