The international firms buying up holiday parks across New Zealand

The international firms buying up holiday parks across New Zealand
Arrowtown Holiday Park, one of Hampshire Holiday Parks properties. (Image: NZME)
Thomas Manch
That holiday park you are staying at this summer? It might be owned by overseas capital.The sale of four holiday parks to Hampshire Holiday Parks and Tasman Tourism New Zealand was signed off by the Overseas Investment Office (OIO) this year, according to public details of the office’s decisions.The purchases were the latest in a series of million-dollar acquisitions for both companies, which have grown their footprints since the pandemic.Holiday parks across the country, but particularly in tourism hotspots Queenstown and Coromandel, are...

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