Subscribe today - find out more
Why you should consider BusinessDesk
Policy

Debt relief welcome for inbound tour operators

Paul McBeth
Thu, 06 May 2021

Debt relief welcome for inbound tour operators
More than 700 delegates descended on Christchurch for the annual Trenz tourism conference.
Paul McBeth
Thu, 06 May 2021
The $14 million of debt relief for stricken inbound tour operators (ITO) was the most welcome initiative in tourism minister Stuart Nash’s $200m package, sparking applause from the 700 or so delegates at the industry’s annual conference.As many as 26 ITOs can get up to $500,000 in loans from last year’s $400m tourism recovery fund converted to grants, giving them relief while the nation’s borders remain closed and their income streams non-existent.“I needed to be convinced, in fact, the ITOs were worthy of such an...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Coronavirus
Red light for Auckland, orange for South Island
Brent Melville | Mon, 29 Nov 2021

The government will move New Zealand to its traffic light framework from Friday with most of the country in either the red or orange levels.

Opinion
Taming the beast that's inflation
Cameron Bagrie | Mon, 29 Nov 2021

The RBNZ’s job is not going to be easy over the coming years. There are myriad forces at play and reading the tea leaves will be tough.  

Tourism
The cost of slow border openings to tourism: $39b by 2024
Brent Melville | Mon, 29 Nov 2021

The impact on New Zealand's tourism sector will continue to be felt until the country removes its border quarantine system, tourism operators say.

Sponsored
Mansons leads with 120% carbon offset for new builds

Mansons TCLM is committing to a benchmark of 120% carbon offset for new buildings.

Sponsored
SIXT drives the company car upmarket

SIXT is enhancing its adaptable car subscription service with SIXT Business, catering for businesses wanting premium vehicle fleets.