Your search for "Acquisitions" found 26 results
New Zealand’s $42bn sovereign wealth fund has increased its exposure to the country’s tourism sector with the circa $60m acquisition of Queenstown’s five-star Sofitel Queenstown Hotel and Spa.
Underinvestment in the country’s holiday parks has presented investors with an opportunity, says a new market entrant.
The acquisition of three holiday parks by overseas investors could start a trend, say industry experts.
Abu Dhabi private equity snaps up assets in New Zealand tourism’s hottest sub-sector.
Tranzit Group subsidiary Cross Country Rentals has acquired the assets of Christchurch-based Maugers Rentals which went into liquidation in March.
The acquisition sees NTT take full ownership of the property.
Work has begun on new products, says the new owner of the Queenstown-based operator.
Action Helicopters’ Heli Glenorchy will take control of the Queenstown-based operation from today.
Cardrona is on track to add a second skifield to its stable having made a long-expected offer to buy Treble Cone.
Australian stock exchange listed travel giant Helloworld Travel has added another string to New Zealand business with the purchase of sports travel specialist The Williment Travel Group.
Singapore-based Naumi Hotels has purchased The Dairy Private Hotel in Queenstown in its first foray into the South Island.
OGO’s Andrew and David Akers have bought rival ball rolling tourism business Zorb – a company the brothers originally launched 25 years ago.
More staff and aircraft planned as the Auckland-based business expands its skydiving and scenic flight interests.
The Christchurch-based operator will now control one of only two helicopter concessions to fly over the whale sanctuary.
The operator blames the prospective buyer for a last-minute “bolt out of the blue” to chip the sale price.
The family’s CPG Hotels says it wants to transform the 3.5-star Auckland asset into a 5-star offering by mid-2020.
The operator says it wants to “make the province sing” with its purchase of two iconic lodges.
A joint venture between three Taranaki iwi has bought the Novotel New Plymouth Hobson Hotel for $23m.
Eyal Aharoni’s Primeproperty Group has added a fifth hotel to its portfolio with the purchase of Wellington’s landmark Amora Hotel.
Tourism Holdings’ CEO says he wants to ensure KiwiEx and Black Water Rafting are sold to the “right people”.
The operator has been bounced into revealing sale talks are underway after fearing a breach of confidentiality.
Private-equity backed Bachcare has expanded its holiday home management services into Te Anau with the recent purchase of Te Anau Holiday Homes.
Auckland-based InterCity has bought another Queensland scenic tour operator.
Travel Time South Pacific has bought Waikato-based specialist agricultural tour operator, AgriTravel International.
Helicopter operator South Pacific Aviation has expanded into fixed-wing scenic tours with the acquisition of Wings Over Whales Kaikōura.
Aviation tourism operator INFLITE has entered the New Zealand skydive sector with a multi-million dollar purchase of Skydive Franz Josef Glacier.