RealNZ jettisons assets and buys another vessel

RealNZ jettisons assets and buys another vessel
RealNZ is realigning its tourism portfolio. (Image: BusinessDesk)
Brent Melville
RealNZ says it will sell four of its businesses, including Christchurch’s Antarctic Centre, its jet boating, water taxi and Stewart Island assets, as it realigns its tourism portfolio under its ‘conservation’ interests.The tourism operator, which owns both the Cardrona and Treble Cone ski fields, said it has also made a conditional offer on its 26-metre Spirit of Queenstown to better service its Walter Peak homestead experience on the southern shore of Lake Wakatipu.RealNZ acting chief executive Paul Norris said the purchase o...

More Tourism

Govt says cost to host 38th America’s Cup was too high
News in Brief

Govt says cost to host 38th America’s Cup was too high

The Government decided not to back Tātaki Auckland Unlimited’s request to support hosting the 38th America’s Cup in Auckland due to cost.“After considering the proposal, ministers decided the estimated cost of $75 million, and possibly more – due to the uncertainty about local go...

Rebecca Howard 01 Apr 2025
Auckland Airport ‘just asking questions’ about airline competition
Infrastructure

Auckland Airport ‘just asking questions’ about airline competition

Regional NZ flyers are bearing a particular brunt, the airport says.

Pattrick Smellie 20 Feb 2025
Tourism industry struggles to keep up
Economy

Tourism industry struggles to keep up

Where to for NZ tourism in the long-term after NZ is done with its Briscoes-style sale?

Dileepa Fonseka 20 Feb 2025