
Farm value, share surge drives Ngai Tahu profit jump
South Island iwi Ngai Tahu almost doubled bottom-line profit from $68.9 million to $121.7 million after a sharemarket surge and farm revaluations.
South Island iwi Ngai Tahu almost doubled bottom-line profit from $68.9 million to $121.7 million after a sharemarket surge and farm revaluations.
In a mist-shrouded patch of native forest in the Mamaku Ranges near Rotorua, one eco-minded tourism venture is trying to create a slice of the predator-free dream.
Researchers at Westpac have painted a bright future for the tourism sector.
After being in the doldrums for most of the last 10 years, the tourism sector is being tipped to go through an upturn.
New Zealand gained a seasonally adjusted net 2,100 migrants last month, as fewer Kiwis cross the Tasman.
A tourism industry leader says the Government should set strict investment criteria around the size and timing of an America's Cup defence.
Tourist groups would target luxury travellers overseas if New Zealand wins the America's Cup.
The makers of a high-end Kiwi drink designed to combat jetlag and other health risks involved in flying have just closed a $2.4 million investment round.
Seasonz Travel is in the business of exporting New Zealand's scenery, adrenalin-pumping thrills and sumptuous luxury lodges to the world.
Australian competition regulators are imposing strict conditions on the extension of Air New Zealand's transtasman alliance with Virgin Australia.
Tourism New Zealand is gearing up to sell the luxury end of the market as operators in the sector say high-spending tourists are not being picked up in statistics.
Jetstar is launching a direct Auckland-to-Adelaide service from the middle of December, taking on Air New Zealand with special launch fares of $99 one-way.
The Government's convention centre deal with SkyCity could see the taxpayer saddled with millions in cost overruns before building even begins, claims Labour.
Tourism forecasts find growth in the Australian market is being crimped by capacity constraints following the Christchurch earthquakes.
Spending by overseas tourists is forecast to grow by 18 per cent to $6.5 billion in 2019, says a government report.
An ex-bank worker's gamble has become an adventure tourism company with 17 staff that is targeting turnover of $5 million this year.
British news website Daily Mail Online says New Zealand's claims to be clean and green are "pure manure".
"If there's a dent to that reputation that dent has the potential to hurt everybody ... " Tourism Industry Association chief Martin Snedden's blunt message.
Is there not at least a possibility the convention centre SkyCity is building in Auckland will turn out to be as future-proof as the windjammer and the rotary-dial telephone?
The downtown view of Rangitoto and Browns Island will be replaced by cranes and compromise Auckland's image as the City of Sails if port expansion plans go ahead.
Cruise ship visits to New Zealand are set to ease from the latest bumper season, but that has not diminished hope of seeing more tourism dollars.
Auckland's new primary cruise ship terminal was opened yesterday in a 103-year-old wharf shed.