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Saturday 20 April 2024
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Skyline Enterprises

Skyline interim profit jumps, scopes “exciting new opportunity” 28th November 2023

Skyline interim profit jumps, scopes “exciting new opportunity”

Skyline has reported a good set of interim results and is is working on “an exciting new opportunity” in Europe.


QLDC acknowledges Skyline apology, seeks answers over flood debris 9th October 2023

QLDC acknowledges Skyline apology, seeks answers over flood debris

Queenstown Lakes District Council says it is seeking answers from Skyline Queenstown about debris from its land that swept into upper parts of the town during severe weather.


Skyline postpones shareholders meeting 25th September 2023

Skyline postpones shareholders meeting

Skyline Enterprises has postponed its annual shareholders meeting until October due to the impact of last week’s state of emergency in Queenstown.


Skyline puts Queenstown property up for sale 10th August 2023 /

Skyline puts Queenstown property up for sale

Skyline Enterprises is selling its Chester Building on the corner of Camp and Shotover streets in central Queenstown.


Big pay rises at Skyline as recovery takes hold 1st August 2023

Big pay rises at Skyline as recovery takes hold

The return of international visitors and competition for labour appears to have driven wages up significantly at the Queenstown-based group.


Skyline Queenstown reopens with new gondolas 30th June 2023

Skyline Queenstown reopens with new gondolas

Skyline Queenstown has reopened to the public with fresh new 10-seat gondola cabins and a new top terminal.


Doppelmayr lauds “new era” in aerial transport for Queenstown 30th June 2023 /

Doppelmayr lauds “new era” in aerial transport for Queenstown

Doppelmayr New Zealand says the successful completion and opening of the Skyline Queenstown gondola marks a new era of convenience, comfort, and efficiency for visitors to the attraction.


Skyline profit more than doubles to $71m on strong recovery 23rd June 2023

Skyline profit more than doubles to $71m on strong recovery

Revenue jumps by 49% to $183m, “with the reopening of international travel markets a strong contributor to that result”.


“At last, Covid disruption slowly dissipating” – Skyline interim profit jumps 44% 22nd November 2022

“At last, Covid disruption slowly dissipating” – Skyline interim profit jumps 44%

The Queenstown-based group says all of its lead indicators point to a strong summer of trading.


Skyline chair Hunt to retire, operator restarts dividend, plans online casino 27th September 2022 /

Skyline chair Hunt to retire, operator restarts dividend, plans online casino

Skyline Enterprises chair Jan Hunt is retiring from her position on the board at the end of the year.


Skyline profit tumbles, revenue rises 1st August 2022 /

Skyline profit tumbles, revenue rises

Skyline Enterprises has reported a pre-tax profit of $34.98m for the year to March 2022, down 51% from the $68.67m reported last year.


Skyline expects “significant lift” after another challenging year halves profit 22nd June 2022

Skyline expects “significant lift” after another challenging year halves profit

The operator’s profit halves but the return of visitors will give its hard-hit Queenstown business a boost.


Skyline Rotorua opens new luge tracks 27th May 2022

Skyline Rotorua opens new luge tracks

Skyline Rotorua has opened three new luge tracks, increasing its total number of courses on offer to five.


Skyline expects “strong” holidays, but no international tourism in near future 6th December 2021

Skyline expects “strong” holidays, but no international tourism in near future

Covid-related delays for building materials also postpones its Queenstown mall redevelopment completion.


Skyline’s big gain on Dunedin Leisure Lodge sale 4th August 2021

Skyline’s big gain on Dunedin Leisure Lodge sale

It’s now clear why SkyCity said ‘yes’ to the unsolicited offer from Distinction Hotel Group.


Higher property values see Skyline profit jump 24th June 2021

Higher property values see Skyline profit jump

Skyline Enterprises will not pay a dividend for FY21 as uncertainty around return of international visitors remains.


Skyline sells Dunedin hotel to Distinction 15th June 2021 /

Skyline sells Dunedin hotel to Distinction

However, the international operator says the off-market deal does not indicate any change in its overall strategy.


“Tough trading” at Queenstown, Singapore drags Skyline 31st March 2021

“Tough trading” at Queenstown, Singapore drags Skyline

But government support is helping and group’s Rotorua and South Korea attractions are beating forecasts.


Interim earnings “better than expected” after 70% fall – Skyline 11th November 2020

Interim earnings “better than expected” after 70% fall – Skyline

After shedding hundreds of staff, the operator has re-hired some for summer.


QLDC starts hazard work near Skyline 25th September 2020 /

QLDC starts hazard work near Skyline

Queenstown Lakes District Council has begin work removing rockfall hazards near the Skyline gondola cableway above central Queenstown.


Auckland lockdown hurt but no further cuts planned – Skyline’s McDonald 10th September 2020

Auckland lockdown hurt but no further cuts planned – Skyline’s McDonald

But you can never say ‘never’, says CEO Geoff McDonald.


Covid-19 drags Skyline’s unbroken revenue growth 5th August 2020 /

Covid-19 drags Skyline’s unbroken revenue growth

Covid-19 has marked a break in revenue growth for Queenstown-based Skyline Enterprises after a decade of solid gains.


$200m Queenstown gondola redevelopment stuck in limbo 22nd July 2020

$200m Queenstown gondola redevelopment stuck in limbo

Uncertainty surrounds Skyline Enterprises’ plans and public funding has been sought.


Skyline seeks to keep $226m worth of redevelopments alive 6th May 2020

Skyline seeks to keep $226m worth of redevelopments alive

The company is shrinking itself for slow-growth recovery but wants to keep two major Queenstown projects going.


Skyline to shed hundreds of jobs to cope with Covid-19 5th May 2020 /

Skyline to shed hundreds of jobs to cope with Covid-19

The operator is cutting more than half of its 1200 staff as it restructures the group.


Skyline shutters Sentosa, starts redundancy process 22nd April 2020 /

Skyline shutters Sentosa, starts redundancy process

The operator says it will begin the “difficult process” of restructuring this week.


Skyline: Tracking ahead of 2018 despite falling NZ arrivals 18th December 2019

Skyline: Tracking ahead of 2018 despite falling NZ arrivals

Overall results for Skyline Enterprises are ahead of last year despite falling arrival numbers into New Zealand, the operator said in its mid-year update to shareholders. 


Trees to be cleared at Skyline Queenstown 7th November 2019 /

Trees to be cleared at Skyline Queenstown

A band of conifer trees either side of the Skyline gondola in Queenstown will be cleared, Queenstown Lakes District Council and Skyline Queenstown confirmed.


Skyline calls for glacier gondola submissions as deadline nears 30th October 2018 /

Skyline calls for glacier gondola submissions as deadline nears

Skyline Enterprises is encouraging feedback on its proposal for a multi-million dollar gondola to be built at Franz Josef Glacier ahead of consultation on the draft management plan for Westland Tai Poutini National Park closing next week.


Skyline’s Franz Josef Glacier gondola finds favour with DOC 11th September 2018 /

Skyline’s Franz Josef Glacier gondola finds favour with DOC

The operator’s multi-million dollar proposal has taken a crucial step forward.


Skyline accelerates activity to combat Asia copycats 2nd August 2018

Skyline accelerates activity to combat Asia copycats

The operator says the popularity of its overseas luge business is attracting ‘generic copy’ challengers.


Skyline pretax profit slumps 30% 2nd July 2018

Skyline pretax profit slumps 30%

The Queenstown-based operator has seen its profit dragged down by Christchurch Casino and static property values.


Skyline breaks through $1bn market cap 2nd July 2018

Skyline breaks through $1bn market cap

Skyline Enterprises’ market capitalisation broke through the billion-dollar mark on Friday to become Unlisted Securities Exchange’s (USX) second issuer to achieve the milestone.


Queenstown’s Thomas recognised for services to tourism 4th June 2018

Queenstown’s Thomas recognised for services to tourism

Former Skyline Enterprises chair Barry Thomas has been made a Companion of the NZ Order of Merit for services to tourism and business.


Skyline Rotorua appoints sales and marketing manager 13th March 2018

Skyline Rotorua appoints sales and marketing manager

Playing a role in what makes Rotorua the tourism epicentre of the North Island is something Andrew Aitken has been passionate about for a long time.


Long-serving manager to retire from Skyline Enterprises 22nd January 2018

Long-serving manager to retire from Skyline Enterprises

One of Skyline Enterprises’ longest-serving senior managers, Rotorua-based Neville Nicholson, is retiring in April 2018 after 34 years with the company.


Skyline appoints new GM 21st December 2017

Skyline appoints new GM

Skyline Queenstown has appointed Wayne Rose its new general manager.


Christchurch Casino, Dunedin Leisure Lodge drag Skyline 20th December 2017

Christchurch Casino, Dunedin Leisure Lodge drag Skyline

Skyline Enterprises has reported an increase in trading across all of its businesses except for its Christchurch Casino and Dunedin Leisure Lodge operations.


Skyline unveils $26m redevelopment 19th December 2017

Skyline unveils $26m redevelopment

Skyline Enterprises has unveiled concept plans for its proposed $26m redevelopment of O’Connells Pavillion shopping centre in Queenstown.


Skyline eyes Europe for luge expansion 7th December 2017

Skyline eyes Europe for luge expansion

Skyline Enterprises is in talks to develop two new international luge attractions – including its first in Europe.


Skyline Queenstown celebrates 50 years, looks to the future 17th November 2017

Skyline Queenstown celebrates 50 years, looks to the future

Skyline Queenstown celebrates 50 years of operation today and will be hosting a local’s day and exhibition of memorabilia over the weekend.


Skyline Enterprises appoints China/Asia sales manager 16th November 2017

Skyline Enterprises appoints China/Asia sales manager

Skyline Enterprises has appointed Tracy Cui its new China/Asia Sales Manager for the Skyline Group.


Skyline Queenstown to host celebrations for Gondola’s 50th birthday 3rd November 2017

Skyline Queenstown to host celebrations for Gondola’s 50th birthday

Skyline Queenstown is set to host two community events to celebrate its 50th anniversary this month.


“Staggering stats” from Skyline Queenstown 27th October 2017

“Staggering stats” from Skyline Queenstown

Seventeen million gondola rides, 12 million Luge experiences, 850,000 pints of beer, 350,000 rotisserie chickens, 65 tonnes of coffee beans – these staggering statistics have all been enjoyed by Skyline Queenstown’s millions of domestic and international visitors in the last 50 years.


Forestry works to begin near Skyline Queenstown 25th October 2017

Forestry works to begin near Skyline Queenstown

A band of conifer trees on either side of the Skyline gondola above downtown Queenstown will soon be cleared to avoid creating a health and safety threat to the aerial cableway.


Skyline advances “spectacular” glacier gondola project 11th October 2017 /

Skyline advances “spectacular” glacier gondola project

Skyline Enterprises’ proposed Franz Josef Glacier Gondola project will be a “spectacular” attraction well positioned to capture growing West Coast tourism numbers.


Skyline Queenstown launches ‘Fifty Years of Fun’ 18th August 2017

Skyline Queenstown launches ‘Fifty Years of Fun’

New Zealand’s most popular tourist attraction Skyline Queenstown is toasting its 50th anniversary with a month-long party.


Skyline seeks expansion as profits surge 26% 6th July 2017

Skyline seeks expansion as profits surge 26%

Skyline Enterprises has announced a 26% leap in pretax profit as it continues to look at new tourism opportunities at home and abroad.


Skyline Queenstown celebrates 50th anniversary 9th June 2017

Skyline Queenstown celebrates 50th anniversary

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Skyline faces Ziptrek objections to $100m gondola plan 25th May 2017 /

Skyline faces Ziptrek objections to $100m gondola plan

Ziptrek Ecotours’ director Trent Yeo will today give evidence in Skyline Enterprises’ application for a $100m redevelopment in Queenstown.