Debt relief welcome for inbound tour operators

More than 700 delegates descended on Christchurch for the annual Trenz tourism conference.

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...

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